This week’s federal government budget illustrated that the federal government might be easing off its assault on small business owners. They are moving forward with the proposal to eliminate the tax on split income (TOSI) for dividends paid to non-participating family members within a business. They have eased off on the passive investment income that a business owner can keep … Read More
Why a Business Owner Benefits Plan Needs to be Different
So you’re a business owner. You’ve worked hard to grow your business. You’ve got a loyal staff and want to make sure your employees have a great benefits plan. Does that mean that you should be on the same plan as your employees? It would help if you looked at business owner benefit plans. The nice part of benefits in Canada, … Read More