Following changes to the taxation guidelines implemented by the Federal Government, the 2018 budget now reflects provisions designed to fund the implementation of the tax reform initiative. Perhaps most popularly, business owners are to carry a huge chunk of the burden as corporate taxes soar. But are the changing taxation guidelines merely a boon and unnecessary hurdle to the small- and medium-sized business sector?
Has your small to medium-sized business been taking advantage of the “tax loopholes”, as described by the CRA and the Department of Finance in the past, in order to shield your income from high levels of taxation? The latest changes to Canada’s taxation guidelines can affect your financial practices. The Department of Finance, has in its own mind, designed these proposals to enable a stronger, more fair and efficient economy which benefits all Canadians. Aft...
HSM proudly celebrates 50 years of delivering quality and timely financial solutions for businesses.
Starting from the firm's inception 50 years ago, we have been dedicated to meeting the needs of small- and mid-sized businesses across a vast range of industries that include real estate ownership and developm...
