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Coming in at 430 pages, the 2024 Federal Budget was tabled on April 16, 2024. Check out our 9 page summary covering the highlights of the day. Click on the image below to download:

Check out Tax Digest’s first issue of 2024. This issues covers: Changes to the Alternative Minimum Tax: What Should You Expect for 2024 and Onwards? GST/HST Implications in Canada’s Evolving Healthcare Landscape What’s New with the Canada Pension Plan (CPP) Enhancements

Check out our Q1 2024 edition of Tax Tips and Traps. Click on the image below to download:

Check out our Q4 2023 edition of Tax Tips and Traps. Click on the image below to download:

For income tax purposes, the cost of eligible property can be deducted over time by claiming Capital Cost Allowance (CCA).  Immediate Expensing of Certain Capital Assets Included in Budget 2021 was the proposal for new immediate expensing rules, allowing eligible taxpayers to immediately expense up to $1.5 million of capital asset additions amongst their associated

Check out our Q2 2023 edition of Tax Tips and Traps. Click on the image below to download:

Coming in at 255 pages, the 2023 Federal Budget was tabled on March 28, 2023. Check out our 10 page summary covering the highlights of the day. Click on the image below to download:

As a part of the 2021 Federal Budget, the Government of Canada announced its intention to implement a national one percent annual tax on the value of residential real estate owned by any non-resident, non-Canadian that is considered vacant or underused. Under these new rules, every person that is, on December 31, an owner (other

Check out our Q1 2023 edition of Tax Tips and Traps. Click on the image below to download:

Check out our Q4 2022 edition of Tax Tips and Traps. Click on the image below to download: