The 2017 Federal budget, tabled on March 22, 2017, contained a number of minor personal and corporate tax changes, but did not change the capital gains inclusion rate as had been widely speculated. However, the budget also identified a continued review of tax planning arrangements involving private corporations which may result in significant future tax […]
The 2017 Saskatchewan budget, tabled on March 22nd, proposed a number of corporate tax changes, elimination of personal credits, and significant changes to the Provincial Sales Tax (“PST”). Below is a brief summary of the tax changes contained in the budget. Please call our office if you have any questions. We would be happy to […]
The 2017 Alberta budget, tabled on March 16th, did not contain any new corporate tax measures and only minor tweaks to two personal tax credits; however, it did confirm 2017 changes announced in the 2016 budget. We would be happy to arrange a meeting to discuss how these measures may apply to your situation, assist you […]
The partners and staff at BBLLP want to congratulate Dennis Vezeau for passing his CPA Common Final Examination! It takes significant hard work and commitment to complete this rigorous three day exam. Congratulations Dennis on successfully reaching this significant milestone in the journey to becoming a CPA!
The Federal government recently announced changes to the CPP to enhance the benefits received by future retirees. The current maximum benefit is $13,110. In today’s dollar terms, the enhanced CPP represents an increase of nearly $7,000, to a maximum benefit of nearly $20,000. These enhancements come with a corresponding increase in CPP premiums to […]
This past week the Federal government announced a change to Canada Revenue Agency’s administrative policy on reporting the sale of a principal residence, effective starting with transactions in 2016. For sales prior to 2016 you did not have to report the sale of your principal residence on your income tax return when you were eligible for the […]
BBLLP would like to congratulate all of our students on their recent convocation from the College of Commerce; Jordan Anholt, Amber Carson, Krista Loewen, Brendan Potts, and Carlee Ramsay. Special congratulations to Krista Loewen for achieving tremendous academic success graduating as the top graduate of the College of Commerce with an overall average of 93.05 […]
The 2016 Saskatchewan budget, tabled on June 1, 2016, contained no corporate tax changes and only three personal tax changes as summarized below. Please call our office if you have any questions. We would be happy to arrange a meeting to discuss how these measures may apply to your situation, assist you with the preparation and filing of […]