by cpiwebdesign | Feb 26, 2016 | Taxation
On February 25, 2016 Finance Minister Charles Sousa tabled his fourth Budget. The deficit for the 2015-16 fiscal year is projected to be $5.7 billion, which is $2.8 billion less than forecasted in the 2015 Budget. The deficit is projected to drop to $4.3 billion for...
by cpiwebdesign | Feb 23, 2016 | Uncategorized
The May 2, 2016 deadline to file your 2015 personal income tax return is quickly approaching. As a result of changes in tax laws and the ever-increasing complexity in preparing personal tax returns, please gather your required tax information(as outlined in the...
by cpiwebdesign | Dec 15, 2015 | Uncategorized
Personal tax rates On December 7, 2015, Finance Minister Bill Morneau introduced changes to various personal tax rates by way of a Notice of Ways and Means Motion. Effective January 1, 2016, the personal tax rate on income between $45,283 and $90,563 will decrease...
by cpiwebdesign | Nov 25, 2015 | Uncategorized
It now appears that the recently elected Federal Government will introduce their new personal income tax measures as promised. These include: Reducing the second lowest personal tax rate to 20.5% from 22%; Increasing the personal tax rate on income over $200,000 to...
