Journey Tax Solutions

Journey Tax Solutions Tax minimization expert for owner-managed businesses and family offices Have you ever felt lost navigating in the complex tax landscape?

Have you tried to seek tax advice for your business or family, only to find yourself not receiving the expected level of service and promptness of response? Have you ever received advice that does not factor in your unique facts and circumstances? – If your answer is yes to any of these questions, you’re at the right place. Journey Tax Solutions is a tax advisory firm that focuses on owner-managed

businesses and family offices. We recognize that entrepreneurs and family offices are constantly juggling multiple demands, which is why we offer our expertise as your trusted advisor to alleviate the burden of your tax challenges, enabling you to devote your time and energy to growing your business.

Breaking news: capital gains inclusion rate increase has been cancelled by PM Mark Carney.With the original proposed inc...
03/21/2025

Breaking news: capital gains inclusion rate increase has been cancelled by PM Mark Carney.

With the original proposed increase in capital gains inclusion rate, and a subsequent announcement on the deferral of capital gains increase to 2026, the announcement on the cancellation has just surfaced.

https://www.pm.gc.ca/en/news/news-releases/2025/03/21/prime-minister-mark-carney-cancels-proposed-capital-gains-tax-increase

For more detailed discussions, contact us at [email protected]

In addition, the government will maintain the increase in the Lifetime Capital Gains Exemption limit to $1,250,000 on the sale of small business shares and farming and fishing property.

NEWS: Deferral in capital gains rate increase to January 1, 2026The government of Canada announced a deferral in the imp...
01/31/2025

NEWS: Deferral in capital gains rate increase to January 1, 2026

The government of Canada announced a deferral in the implementation of the increase in capital gains inclusion rate until January 1, 2026. Accordingly, any capital gains incurred from June 25, 2024 - December 31, 2025 should still be taxed at the 50% inclusion rate. Please note that CRA had previously announced the administration of an increased capital gains rate at the 66.67% inclusion rate starting from June 25, 2024. While we expect the CRA to reverse this administrative position, the CRA has not publicly made this announcement.

https://www.canada.ca/en/department-finance/news/2025/01/government-of-canada-announces-deferral-in-implementation-of-change-to-capital-gains-inclusion-rate.html

For more detailed discussions, contact us at [email protected]

Today, the Honourable Dominic LeBlanc, Minister of Finance and Intergovernmental Affairs, announced that the federal government is deferring—from June 25, 2024 to January 1, 2026—the date on which the capital gains inclusion rate would increase from one-half to two-thirds on capital gains realiz...

Address

Coquitlam, BC

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Website

https://www.linkedin.com/company/jtscpa/

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