Could the Underused Housing Tax affect you?
The Underused Housing Tax has been in place in Canada since January 1, 2022. It is an annual 1% tax on the value of vacant or underused real estate owned by non-resident non-Canadians.
Category: Saving Tax
Tips To Lower Your Tax Bill
With the tax filing deadline just around the corner, here are some tips to help you lower your personal tax bill—as well as some recent changes to be aware of. What’s new this tax season? New and updated credits Canada caregiver credit – This non-refundable tax credit replaces the family...
2018 Federal Budget Analysis
On February 27, 2018, the Minister of Finance, Bill Morneau, presented the 2018 federal budget. Below, you’ll find an overview of the tax initiatives proposed in the budget. If you have any questions about how the proposed initiatives will affect you, please don’t hesitate to contact us at 604-534-7701 or info@jeskeco.com. Previously Announced...
Year-End Personal Tax Tips
The end of the year is always a good time to review your personal finances and take advantage of any tax-saving opportunities that may be available to you before the new year. We’ve put together a list of common year-end tax planning considerations for individuals. If you would like help...
Year-End Tax Saving Tips For Businesses
For business owners, the end of the year is a good time to consider ways to improve your tax position. We’ve put together a list of common year-end tax planning considerations to help you ensure you don’t pay more in taxes than you have to. If you would like help...
Update on the July 18th, 2017 Proposed Income Tax Legislation
Finance Minister Bill Morneau announced several tax changes last week, including updates to the proposed legislation released on July 18th, 2017. Changes to the Small Business Corporate Tax Rate Morneau announced that the federal small business tax rate will decrease from 10.5% to 10% effective January 1st, 2018, and will decrease again...