by Henderson Partners | Jan 23, 2023 | Tax Planning
In 2021, the City of Toronto introduced an annual tax to be levied on vacant Toronto residential property, payable beginning in 2023. All residential property owners in Toronto are required to declare the occupancy status of their property or properties, even if the...
by Henderson Partners | Apr 8, 2022 | Accountants & Advisors, Tax Planning
On April 7, 2022, the Honourable Chrystia Freeland tabled her second budget as federal Minister of Finance and Deputy Prime Minister. Previously, the federal government had predicted a deficit for 2021-22 of $154.7 billion, but in today’s budget, this amount was...
by Henderson Partners | Jun 2, 2021 | Tax Planning
Heading to the family cottage is a summer tradition for many Canadians. In some cases, cottage ownership has spanned generations. When it comes time to plan the future for your property, while alive or through your will, there are a number of issues to consider. If...