ARTICLE
11 September 2018

It's A Good Time To Review Your Tax Planning

MR
McLennan Ross LLP

Contributor

McLennan Ross LLP is a well-established law firm committed to serving the legal needs of Albertans and Northerners for over a century. McLennan Ross is a full service law firm with over 100 lawyers located in Calgary, Edmonton and Yellowknife.
There have been dramatic changes to the Income Tax Act since 2014, the most recent of which have only come into effect in 2018.
Canada Tax

There have been a lot of tax changes so many current plans are out of date.

There have been dramatic changes to the Income Tax Act since 2014, the most recent of which have only come into effect in 2018. As a result, structures and plans more than six months old may be out of date – especially plans involving corporations and trusts designed to take advantage of old legislation.

Many people are frustrated as the recent tax changes have resulted in them having to pay substantially more in taxes.

Mike Harris and MaryAnne Loney in our Tax Group would be happy to provide recommendations regarding what, if any, changes may be advisable to help you limit taxes.

The fall is a great time to review and make changes so they will be effective in the new year.

Consider giving MaryAnne Loney or Mike Harris a call to discuss reviewing your tax planning.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

See More Popular Content From

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More