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Related Insights
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ArticleTax & AccountingMarch 07, 2025
Tax preparers brace for a stressful tax season
Department of Finance announced that it was the government’s intention to defer the implementation of the rate increase to January 1, 2026. -
ArticleTax & AccountingMarch 05, 2025
2025 automobile deduction limits and expense benefit rates for businesses
The Department of Finance Canada announced the automobile income tax deduction limits and expense benefit rates that will apply in 2025. -
ArticleTax & AccountingFebruary 28, 2025
Implementation of proposed changes to income tax legislation
The federal government has introduced a number of proposed changes to the Income Tax Act. The status of the proposed changes is outlined below. -
ArticleTax & AccountingFebruary 28, 2025
Changes to capital gains inclusion rate deferred to 2026
The Minister of Finance and Intergovernmental Affairs, announced the federal government is deferring the date on which the capital gains inclusion rate would increase.