First home savings account, anti-flipping rule are now law as Bill C-32 passes
Rules governing new tax-free home savings account to be effective April 1, 2023
Bill C-32 delays enhanced reporting requirements for trusts, but would implement a new tax credit, the surtax on banks and insurers, and more
Tax proposals such as the FHSA unlikely to address affordability issues, experts say
Proactively share these details with clients
The Tax-Free First Home Savings Account offers a high degree of flexibility for prospective homebuyers
Here’s the status of proposals that matter to your clients
Proposed rules outline age limit and allow unused contribution room to be carried forward