Tax Tips & Traps No.125

Thursday, January 17th, 2019

TAX TICKLERS... some quick points to consider...

- The annual TFSA contribution limit for 2019 will be increased to $6,000 (from $5,500) due to indexation. For those who have been eligible to build contribution room since inception of the program in 2009 and have never contributed, the total maximum room as of January 1, 2019 is $63,500.

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Prior Newsletters

Business Matters Volume 32 Issue 5

Thursday, November 8th, 2018

Taxation

Impending Changes to CPP

In 2018, many owner-managers across Canada chose to adjust staff levels, wages and prices when the minimum wage was increased. For many, it is still to early to determine the final impact on the corporate bottom line as a full fiscal year has not been completed.

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