Tax rate cuts, tax credit hikes and increased tax brackets should be welcome
But you may have to do a bit of digging to find the changes that apply to specific clients
Finance minister Jim Flaherty today released guidelines on the Children’s Fitness Tax Credit, which is scheduled to become effective on Jan. 1, 2007.Flaherty confirmed that as recommended by the Expert Panel for the Children’s Fitness Tax Credit, the definition of eligible programs will support children’s participation in all programs that significantly contribute to their fitness. […]
Flaherty receives recommendations on savings measures to help children with severe disabilities
Legislation to be tabled with the next provincial budget
Changes would promote greater investment in the province, government says
Panel members will provide advice on the working definition of an eligible program for this credit
GST reduced to 6% from 7%
Plans consultations for more childcare spaces
Work-related expenses such as home computers get tax break