On February 27, 2018 the Minister of Finance presented the budget for 2018. The budget contains the awaited rules designed to restrict the ability of corporations to accumulate passive investment assets. Further details can be found in the following document: Federal Budget 2018 – February 27, 2018
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Highly Motivated Professionals Congratulations to our successful CFE writers Jacob Perry, Mary Jane Miller and Blake Gough The future is bright for this talented group of professionals on their way to becoming Chartered Professional Accountants! Jacob, Mary Jane and Blake all started with GSE at our St. Thomas office through their university co-op placements. Blake […]
Congratulations Megan! Megan joined GSE in 2008 as a manager in the Aylmer office and will become an associate in 2018. She enjoys providing assurance, accounting and taxation services to clients in a wide range of sectors, including owner-managed small business, manufacturing and not-for-profit. Megan strives to provide solid client service and believes in building […]
We have been provided with the following letter template that may be of assistance to you if you are interested in providing your thoughts to your Member of Parliament regarding the proposed changes to the Income Tax Act released on July 18, 2017. 2017_Aug_Proposed_New_Tax-Rules_Letter_to_Member_of_Parliament The proposed changes will impact the ability to share income of a […]
2018 – Changes to income sprinkling and other rules – July 31, 2017 On July 18, 2017 Minister of Finance William Morneau released proposed changes to the Income Tax Act impacting virtually all Private Corporations. The attached document highlights these proposed changes.
Open House In Memory Of Don Lemon CASO Station November 9, 2016 Don Lemon touched the lives of many in the community, and with his sudden passing in August, many of us did not have an opportunity to reflect on Don’s life, and share memories with others. The partners at Graham Scott […]
The Liberal Government will be delivering their first Federal budget on March 22, 2016. Much of the coverage so far has been on the expected amount of the planned deficit and the impact of the fallen price of oil. There are many rumours about potential changes in the income tax system and rates. The main […]
The Ontario budget contained a number of changes to the Ontario personal and corporate income taxes. The highlights are summarized below. Personal Income Tax: The tuition and education tax credits will be discontinued beginning in the fall of 2017. Residents of Ontario who have unused tuition and education tax credits available for carry-forward on December […]
The partners of Graham Scott Enns pose for a picture to commemorate the retirement of Bill Graham and welcome Paul Schneider and Derek Michell to the partnership. Congratulations Bill, Paul & Derek.
The government has introduced a motion in Parliament to proceed with certain proposed income-tax changes. They have stated that the changes will take effect in 2016. The income-tax rate on Canadians earning between $45,282 and $90,563 will be reduced from 22% to 20.5%. A higher tax rate of 33% will be imposed on those earning […]