BC Finance Minister Carole James delivered the province’s 2019 budget update on February 19, 2019. The budget anticipates a surplus of $274 million for the current year, $287 million for 2020 and $585 million in 2021.
The biggest announcements are:
● BC Child Opportunity Benefit
● Interest Free Student Loans
To this day, I still remember thinking at that time how’s an advisor suppose to do “12 touches per year” on top of what they’re doing now. Today, advisors still face this problem, but I feel that with the use of online and offline tools the “12” number is a little easier to hit..
The 2018 Federal Budget focuses on tax tightening measures for Business Owners and “equality and growth” for women and families.
BC Finance Minister Carole James delivered the 2018 BC budget on February 20, 2018.
Corporate and personal tax rates remain unchanged.
The biggest changes are:
• Elimination of Medical Services Plan (MSP Premiums) effective January 1, 2020
• Addition of the Employer Health Tax (EHT)
• Provincial Property Taxes
There’s so much more to having a website, once you figure out the “marketing the services” and “what you do” piece, we challenge our advisors to think of using their website as a tool.
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- Small Businesses! Applications for Canada Emergency Commercial Rent Assistance starts May 25th
- Expanded eligibility for CEBA $40,000 interest-free loan
- Apply starting Friday for Canada Emergency Student Benefit! Help on the way for seniors.
- Extended! Canada Emergency Wage Subsidy extended beyond June
- 75% Commercial Rent Assistance Program