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First you want to know that you can either call this new tax incentive the family tax cut or you may want to refer to it as income splitting. Either way it is only going to be applicable to some. So, for those who can take advantage of it then it is a good thing,…
Usually as tax payers we only expect to see any potential tax changes for the better when it comes around election time for our Government leaders. It comes as a surprise that Prime Minister Stephen Harper appears to be planning to go ahead with a significant tax change which relates to income splitting. Some…
Many people get so frustrated with Politics that they tend to give up trying to following what is going on in Parliament, but when it comes to tax talk it usually grabs the interest of those who don’t normally get involved with politics. So now that we have a new Finance Minister in place…
Almost every tax payer complains about the Canada tax system, but mostly because we simply don’t like seeing a good chunk of our hard earned money going out to the Government. Yet, it is also very necessary if we want all of the programs and services that Canada has to offer which is paid…
