Archive for ontario-budget

It’s called a wealth tax and it’s going to cost individuals with a taxable income exceeding $500,000 an additional 2 percent in Ontario taxes. This new tax, which took effect July 1, will be phased in over 2012 and 2013. (more...)

The Federal budget of 2010 introduced changes to the disbursement quota rules for registered charities. In order to retain their charitable status, registered charities have to meet their disbursement quota. (more...)

The good news is that Ontario’s 2010 budget is very pro business and we believe that is welcome news for our clients. According to a KPMG Competitiveness Study released March (more...)