2024 Budget Balances Capital Gains Rate Hike with a Number of Tax Credits and Exemptions

Zeifmans » Family Business Library · 2 years ago · 108 views

The 2024 Federal Budget, presented by Finance Minister Chrystia Freeland on April 16, introduced $52.9 billion in new spending, which the government plans to offset, in part, by increasing taxes for high-income earners through a capital gains tax hike. The budget announced several promising tax relief measures, including a new Canadian Entrepreneurs’ Tax Incentive and […] The post 2024 Budget Balances Capital Gains Rate Hike with a Number of Tax Credits and Exemptions appeared first on Zeifmans.