British Columbia was the first province to release its budget this year, when they announced it on February 19. There were some interesting new benefits in the package that advisors must factor into their tax and financial strategies with clients who are B.C residents at the end of 2019.
What’s the status of the provincial budgets? British Columbia’s 2019 Budget was released one full month ahead of the federal budget date, and was the first to come from the provinces and territories. Highlights include:
Stay tuned to Knowledge Bureau Report for further details on the federal and provincial budgets. And make sure you take advantage of a key resource: learn how to unpack the details and apply them to your practice by enrolling in the Spring CE Summit workshops. These in-person workshops are visiting Winnipeg, Calgary, Vancouver and Toronto in May and June of 2019.
At these workshops, you’ll learn how to better interpret the 2019 budget reforms, as well as how to assess their effects and implement tax-effective strategies for your clients. Also, get an increased understanding of the role the U.S. tax reforms play in wealth management and investment decisions you will make with your Canadian-resident clients (including U.S. citizens living here). Finally, join us in a lively, interactive discussion about being more proactive, professional and confident in your relationship with CRA.
Additional educational resources: Advanced Tax Filing and Planning certificate course.
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