by Chris Hammond | Jul 18, 2022 | News
Best of the WestShore It’s time to vote for WestShore Businesses and declare your favourite! VOTE TODAY Attention everyone in Colwood, Langford, Highlands, View Royal And Metchosin areas, it is your time to vote. It’s your community get your voice heard....
by Chris Hammond | Mar 18, 2021 | News
The Home Buyer’s Plan & Tax Savings The Home Buyer’s Plan is a program that allows you to take a tax free, lump-sum withdrawal from your RRSP to buy or build a home for yourself or for a related person with a disability. Withdrawals of up to $35 000 can be...
by Chris Hammond | Feb 9, 2021 | News
2021 Vehicle Deduction Limits, Benefits & Tax Updates For the 2022 limits read here This year’s tax return might be a little different depending on how your industry was affected by COVID. There were many changes which created hurdles for both employers and...
by Chris Hammond | Oct 20, 2020 | News
Personal Income Tax Updates The CRA has recently released income tax updates due to the ongoing pandemic. The CRA has further extended the payment due date for 2019 individual tax returns and 2019 or 2020 corporation, or trust returns, as well as for instalment...
by Chris Hammond | Sep 3, 2020 | News
Income Splitting for Tax Savings Income splitting is a term used to describe a method of shifting income from a higher income earner to a lower income earner. In the case of spouses, it is possible to achieve income splitting using a “prescribed rate loan”. The loan...