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Archive:  2023

31
Oct
2023

Principal Residence Exemption

by Gary Gill October 31st, 2023
The Principal Residence Exemption is a tax provision in Canada that allows individuals to claim an exemption from capital gains tax on the sale of their principal residence.
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28
Aug
2023

Salary Versus Dividends

by Gary Gill August 28th, 2023
Whether you should receive salary or dividends in Canada depends on several factors, including your business structure, personal financial situation, and tax considerations. Here are some general points to consider:
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14
Aug
2023

To Incorporate or Not

by Gary Gill August 14th, 2023
Deciding whether to incorporate a business in Canada depends on various factors, including your business goals, size, industry, and personal preferences. Here are some key considerations to help you make an informed decision.
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21
Feb
2023

Underused Housing Tax

by Gary Gill February 21st, 2023
The Government of Canada implemented the Underused Housing Tax (UHT) on June 9, 2022, which impacts certain residential property owners as of December 31, 2022.
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