https://skyeplanning.com/wp-content/uploads/2023/12/2023-Personal-Year-End-Tax-Tips.jpg 300 500 Financial Tech Tools https://skyeplanning.com/wp-content/uploads/2019/03/Black-vertical-skye.png Financial Tech Tools2023-12-04 11:09:482023-12-04 11:09:542023 Personal Year-End Tax Tips
Maximize your tax savings! Discover expert tips on investments, family deductions, retirement, and more in our latest article.
https://skyeplanning.com/wp-content/uploads/2023/11/14.jpg 235 550 Financial Tech Tools https://skyeplanning.com/wp-content/uploads/2019/03/Black-vertical-skye.png Financial Tech Tools2023-11-01 05:35:482023-11-01 05:35:53Understanding Target Loss Ratio and Your Group Benefits Plan
Unlock the mysteries of your group benefits plan! Discover how the target loss ratio (TLR) can influence your premiums and what it means for your company's future. Dive in now!
https://skyeplanning.com/wp-content/uploads/2023/10/ProtectingKeyTalent.jpg 350 500 Financial Tech Tools https://skyeplanning.com/wp-content/uploads/2019/03/Black-vertical-skye.png Financial Tech Tools2023-10-04 10:40:312023-10-04 10:40:36Protecting Key Talent using Group Benefits
Discover the secrets to retaining your organization's most valuable employees and gaining a competitive edge in today's dynamic job market. Learn how group benefits play a crucial role in fostering a knowledgeable and engaged workforce. From comprehensive health coverage to career development opportunities, this article unveils the keys to a sustainable future. Don't miss out on the chance to build a stronger, more prosperous tomorrow for your company. Read on and unlock the potential of group benefits!
https://skyeplanning.com/wp-content/uploads/2023/08/TFSA.png 700 1200 Financial Tech Tools https://skyeplanning.com/wp-content/uploads/2019/03/Black-vertical-skye.png Financial Tech Tools2023-08-01 06:03:132023-08-01 06:03:23Understanding Tax-Free Savings Accounts (TFSAs)
A Tax-Free Savings Account is a powerful tool to help you achieve your financial goals. Whether you're saving for a new home, planning for retirement, or investing in your children's education, a TFSA can be a valuable part of your financial strategy. The flexibility and tax advantages it offers make it a great choice for many Canadians. Remember, the sooner you start, the more time your investments have to grow tax-free. Every dollar counts when you're planning for the future, and a TFSA can help you make the most of your savings. Don't wait until tomorrow to start planning for your future. Contact us today to begin your journey to financial security today.
https://skyeplanning.com/wp-content/uploads/2023/07/Retirement-planning.png 281 500 Financial Tech Tools https://skyeplanning.com/wp-content/uploads/2019/03/Black-vertical-skye.png Financial Tech Tools2023-07-04 10:51:392023-07-04 10:51:46Retirement Planning
Most of us understand the benefits of sensible retirement planning but when it comes to actually creating your personal retirement strategy and putting it into effect it doesn’t feel quite as straightforward. The reality is that, while there are lots of variables to consider, it isn’t as difficult to create an effective plan for retirement as you may think.
https://skyeplanning.com/wp-content/uploads/2023/06/fhsaFI.png 250 500 Financial Tech Tools https://skyeplanning.com/wp-content/uploads/2019/03/Black-vertical-skye.png Financial Tech Tools2023-06-02 08:34:442023-06-02 08:34:53First Home Savings Account (FHSA): What You Need to Know
Are you looking to buy your first home in Canada? The First Home Savings Account (FHSA) could help make it happen. This savings plan allows first-time home buyers to save up to $40,000 tax-free, with contributions being tax-deductible. In this article and infographic, we cover everything you need to know about FHSA, including eligibility requirements, contributions and deductions, qualifying investments, withdrawals, and transfers.
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It’ll be time to file your 2022 taxes soon, and you must take advantage of every tax credit and deduction you can! Our article covers the following: • Canada Workers Benefit. • Claiming home office expenses. • The tax deduction for zero-emissions vehicles. • Return Of Fuel Charge Proceeds To Farmers Tax Credit. • Eligible Educator School Supply Tax Credit.
https://skyeplanning.com/wp-content/uploads/2023/04/Different-types-of.png 300 500 Financial Tech Tools https://skyeplanning.com/wp-content/uploads/2019/03/Black-vertical-skye.png Financial Tech Tools2023-04-01 05:24:502023-04-01 05:24:57Different types of life insurance explained
Whether you already have life insurance or are looking to get some, it’s essential to be familiar with the four most common kinds of life insurance available. Getting the best type of life insurance for you ensures that you are getting the coverage you want while providing financial protection for you and your family. These are the four most common kinds of life insurance: • Term life insurance • Permanent life insurance • Participating life insurance • Universal life insurance
https://skyeplanning.com/wp-content/uploads/2023/03/Saskatchewan-2023-Budget-Highlights.png 250 500 Financial Tech Tools https://skyeplanning.com/wp-content/uploads/2019/03/Black-vertical-skye.png Financial Tech Tools2023-03-23 13:24:532023-03-23 13:24:59Saskatchewan 2023 Budget Highlights
On March 22, 2023, the Saskatchewan Minister of Finance announced Saskatchewan’s 2023 budget. We have highlighted the most important financial measures you need to know, with an emphasis on the following: • Corporate tax incentives. • Tax credits and PST changes. • Commitments to healthcare, education and social services. • Infrastructure spending.
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The end of 2022 is quickly approaching – which means for business owners, it's time to review tax tips and strategies to maximize your benefits.
https://skyeplanning.com/wp-content/uploads/2022/12/groupLifevsIndividualInsurancefeaturedImage-2.jpg 810 1440 Skye Planning Group Inc https://skyeplanning.com/wp-content/uploads/2019/03/Black-vertical-skye.png Skye Planning Group Inc2022-12-01 06:00:002022-12-01 06:00:00Group Insurance vs Individual Life Insurance
While it’s great to have group coverage from your employer or association, in most cases, people don’t understand the that there are important differences when it comes to group life insurance vs. self owned life insurance.
https://skyeplanning.com/wp-content/uploads/2022/10/Do-you-have-enough-for-retirement.png 281 500 Financial Tech Tools https://skyeplanning.com/wp-content/uploads/2019/03/Black-vertical-skye.png Financial Tech Tools2022-10-05 06:00:002022-10-05 09:55:04Do you have enough for retirement?
Many of us dream of the day that we can retire and have the time to ourselves that we have dreamed of for so many years. But, to have a genuinely contented and relaxing retirement, you need to ensure that you have the means to afford it. So, now's the best time to consider the three critical stages of retirement planning. 1) Accumulation 2) Pre-retirement 3) Retirement
https://skyeplanning.com/wp-content/uploads/2022/09/5-ways-to-withdraw-money-from-your-business.png 300 500 Financial Tech Tools https://skyeplanning.com/wp-content/uploads/2019/03/Black-vertical-skye.png Financial Tech Tools2022-09-01 06:00:002022-09-01 06:27:09Five Ways To Withdraw Money From Your Business In A Tax-Efficient Manner
You have worked long and hard to build up your business, and now you are ready to withdraw money from your business' bank account. But you don't want to get hit with a huge tax bill. So here are 5 ways to withdraw money from your business in a tax-efficient manner.
https://skyeplanning.com/wp-content/uploads/2022/08/FINANCIAL-PLANNING-for-self-employed-contractors.png 300 500 Financial Tech Tools https://skyeplanning.com/wp-content/uploads/2019/03/Black-vertical-skye.png Financial Tech Tools2022-08-01 06:00:002022-08-01 06:39:32Financial Planning For Self-Employed Contractors
Being a self-employed contractor can bring you a large cash flow and the satisfaction of being your own boss – but it can also make financial planning more complicated than being an employee. When creating a financial plan, Self-employed contractors need to keep a number of items in mind. Read to find out!
https://skyeplanning.com/wp-content/uploads/2022/07/Dont-lose-all-your-hard-earned-money-to-taxes.png 300 500 Financial Tech Tools https://skyeplanning.com/wp-content/uploads/2019/03/Black-vertical-skye.png Financial Tech Tools2022-07-06 06:00:002022-07-06 15:17:22Don’t lose all your hard-earned money to taxes
It’s essential to manage your tax planning properly – both while you are living and for after your death. You want as much of your money as possible to go to your beneficiaries, not the government. Our article contains three tips to help you do that: 1. Learn how to make the most of the lifetime capital gains exemption. 2. Figure out ways to decrease your end-of-life tax bill. 3. Look into Immediate Financing Arrangements.
https://skyeplanning.com/wp-content/uploads/2022/05/mortgageLifeInsurance.jpeg 405 720 Financial Tech Tools https://skyeplanning.com/wp-content/uploads/2019/03/Black-vertical-skye.png Financial Tech Tools2022-05-04 11:08:402022-05-04 11:09:35Self Owned vs. Bank Owned Mortgage Insurance
Before buying insurance from your bank to cover your mortgage, please consider your options. What does the insurance cover?
https://skyeplanning.com/wp-content/uploads/2022/04/federalBudget2022FI.jpeg 281 500 Financial Tech Tools https://skyeplanning.com/wp-content/uploads/2019/03/Black-vertical-skye.png Financial Tech Tools2022-04-08 13:15:432022-04-08 13:43:122022 Federal Budget Highlights
On April 7, 2022, the Federal Government released their 2022 budget. Our article contains highlights of the various financial measures in this budget, divided into these sections: • Housing • Alternative minimum tax • Dental care • Small businesses • Tradespeople • Canada Growth Fund • Climate • Bank and insurer taxes
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It’ll be time to file your 2021 taxes soon, and you must take advantage of every tax credit and deduction that you can. Our article includes information on a variety of subjects you need to know about, including what to do if you’ve had to repay COVID-19 benefits, how to plan ahead if you’re self-employed or retiring soon, and what you need to know if you have a home office or employer-provided benefits.
https://skyeplanning.com/wp-content/uploads/2022/04/retirementPlanningBO.jpeg 810 1440 Financial Tech Tools https://skyeplanning.com/wp-content/uploads/2019/03/Black-vertical-skye.png Financial Tech Tools2022-04-01 06:00:002022-04-01 06:48:28Retirement Planning for Business Owners – Checklist
As a business owner, one of your challenges is learning how to balance between reinvesting into the business and setting money aside for personal savings. Since there are no longer employer-sponsored pension plans and the knowledge that retirement will come eventually, it’s important to have a retirement plan in place. We've put together an infographic checklist that can help you get started on this.
https://skyeplanning.com/wp-content/uploads/2021/12/2021-Year-End-Tax-Tips.png 281 500 Financial Tech Tools https://skyeplanning.com/wp-content/uploads/2019/03/Black-vertical-skye.png Financial Tech Tools2021-12-01 06:00:002021-12-01 15:24:042021 Year-End Tax Tips for Business Owners
We’re approaching the end of the year, so it’s time to review your business finances. We’ve put together an article highlighting the most critical tax-planning tips you need to know as a business owner. We’ve focused on: • How to determine the right salary and dividend mix. • The best ways to handle compensation. • How to make sure you can take advantage of the small business deduction. • What you need to know about depreciable assets and charitable donations. • How to make the most of Covid-19 relief programs.
https://skyeplanning.com/wp-content/uploads/2021/08/500x500-BUSINESS-SUCCESSION-coverImage.png 500 500 Tracy Duff https://skyeplanning.com/wp-content/uploads/2019/03/Black-vertical-skye.png Tracy Duff2021-08-01 06:39:072021-08-02 05:39:08Easy Exit: Business Succession in a Nutshell
Getting into the world of business is a meticulous task, but so is getting out of it Whether you’ve just hit the ground running on your business or if you’ve been at it for a long time, there is no better time to plan your exit strategy than now.
https://skyeplanning.com/wp-content/uploads/2021/07/500x500-ACCESSING-CORPORATE-EARNINGS-coverImage.png 500 500 Tracy Duff https://skyeplanning.com/wp-content/uploads/2019/03/Black-vertical-skye.png Tracy Duff2021-07-05 17:03:102021-07-06 16:03:11Accessing Corporate Earnings
One of the financial planning issues that business owners face is how to access their corporate earnings in a tax efficient way. Please contact us to learn how we can get more money in your pocket than in the government's.
https://skyeplanning.com/wp-content/uploads/2021/06/Life-Insurance-after-60.jpg 281 500 Tracy Duff https://skyeplanning.com/wp-content/uploads/2019/03/Black-vertical-skye.png Tracy Duff2021-06-01 17:15:062021-06-02 16:15:07Life Insurance after 60- is it necessary?
You may have had life insurance for as long as you can remember. You knew it was important to make sure that your family would be taken care of and be able to pay their bills if anything happened to you. But now that you’re over 60, your children are grown, and your mortgage is paid off, you may feel you don’t need life insurance anymore. However, there are some circumstances under which it may still make sense for you to have life insurance: • You still have substantial debt. • You have dependent children or grandchildren. • You want to be able to leave a financial legacy.
https://skyeplanning.com/wp-content/uploads/2021/05/ESTATE-FREEZE.jpg 281 500 Tracy Duff https://skyeplanning.com/wp-content/uploads/2019/03/Black-vertical-skye.png Tracy Duff2021-05-04 16:39:022021-05-05 15:39:04Estate Freeze
An estate freeze can be an integral part of your estate planning strategy. The purpose of an estate freeze is to transfer any future increase in your business's value (generally shares) that you own to someone else.
https://skyeplanning.com/wp-content/uploads/2021/04/FEDERAL-BUDGET-2021.jpg 281 500 Tracy Duff https://skyeplanning.com/wp-content/uploads/2019/03/Black-vertical-skye.png Tracy Duff2021-04-22 16:30:062021-04-23 15:30:07Federal Budget 2021 Highlights
On April 19, 2021, the Federal Government released their 2021 budget. Our article contains highlights of the various financial measures in this budget, divided into three different sections: • Business Highlights, including an extension to COVID-19 Emergency Business Supports, new programs to support job creation, and a change in interest deductibility limits. • Individual Highlights, including details on the tax treatment and repayment of personal COVID-19 benefits (such as CERB), eligibility changes to the Disability Tax Credit, an increase in OAS for those 75 and up, and support for job skills retraining. • Additional Highlights, including a proposed federal minimum wage of $15, changes to the GST New Housing Rebate conditions, and new or increased taxes in areas such as luxury goods, tobacco, and Canadian housing owned by non-resident foreign owners.
https://skyeplanning.com/wp-content/uploads/2021/04/Whats-new-for-the-2021-tax-filing-season_.jpg 281 500 Tracy Duff https://skyeplanning.com/wp-content/uploads/2019/03/Black-vertical-skye.png Tracy Duff2021-04-01 07:06:052021-04-02 06:06:07What’s new for the 2021 tax-filing season?
Tax season is upon us once again. But since 2020 was a year like no other, the 2021 tax-filing season will also be different. Due to all the changes in both where and how Canadians worked, the Canadian government has introduced some new tax credits and deductions to keep pace with these changes. Our article covers all of the following: • How to claim home office expenses • The new Canada Training Credit • Pandemic emergency funds • New digital news subscription tax credit
https://skyeplanning.com/wp-content/uploads/2021/03/do-you-really-need-life-insurance-coverImage.png 500 500 Tracy Duff https://skyeplanning.com/wp-content/uploads/2019/03/Black-vertical-skye.png Tracy Duff2021-03-03 06:03:002021-03-03 06:09:11Do you REALLY need life insurance?
You most likely do, but the more important question is, What kind? Whether you’re a young professional starting out, a devoted parent or a successful CEO, securing a life insurance policy is probably one of the most important decisions you will have to make in your adult life. Most people would agree that having financial safety nets in place is a good way to make sure that your loved ones will be taken care of when you pass away. Insurance can also help support your financial obligations and even take care of your estate liabilities.
https://skyeplanning.com/wp-content/uploads/2021/01/2021-FInancial-calendar-1.png 563 1000 Tracy Duff https://skyeplanning.com/wp-content/uploads/2019/03/Black-vertical-skye.png Tracy Duff2021-01-04 06:30:002021-01-04 06:45:142021 Financial Calendar
We’ve put together a financial calendar for 2021. It contains all the dates you need to know to make the most of your government benefits and investment options. Whether you want to bookmark this or print it out and post it somewhere prominent, you’ll have everything you need to know in one place!
https://skyeplanning.com/wp-content/uploads/2020/12/Up-to-400-for-home-office-expenses.png 563 1000 Tracy Duff https://skyeplanning.com/wp-content/uploads/2019/03/Black-vertical-skye.png Tracy Duff2020-12-29 11:47:492020-12-29 13:42:17Government of Canada to allow up to $400 for home office expenses
For the 2020 tax year, the Government of Canada introduced a temporary flat rate method to allow Canadians working from home this year due to Covid-19 to claim expenses of up to $400.
https://skyeplanning.com/wp-content/uploads/2020/12/Business-Owners_-2020-Tax-Planning-Tips.png 563 1000 Tracy Duff https://skyeplanning.com/wp-content/uploads/2019/03/Black-vertical-skye.png Tracy Duff2020-12-11 06:00:552020-12-11 06:42:33Business Owners: 2020 Tax Planning Tips for the End of the Year
It's a great time to review your business finances now that we are nearing year-end. We have listed some of the critical areas to consider and provide you with some helpful guidelines to make sure that you cover all the essentials. We have divided our tax planning tips into four sections: - Year-end tax checklist - Remuneration - Business tax - Estate
https://skyeplanning.com/wp-content/uploads/2020/12/Highlights-of-the-2020-Federal-Fall-Economic-Statement@1000px.png 563 1000 Tracy Duff https://skyeplanning.com/wp-content/uploads/2019/03/Black-vertical-skye.png Tracy Duff2020-12-07 15:42:082020-12-07 17:21:40Highlights of the 2020 Federal Fall Economic Statement | Additional $20,000 CEBA loan available now
Finance Minister Chrystia Freeland recently provided the government's fall economic update. It included information on the government's strategy for dealing with the COVID-19 pandemic and its plan to help shape the recovery. We've summarized the highlights for you: • Corporate Tax Changes, including extensions to subsidy programs. • Personal Tax Changes, including additional Canada Child Benefit Plan payments and a new "Work from home" tax credit. • Indirect Tax Changes, including the proposal to charge GST/HST on services provided via digital platforms, as well as the temporary removal of GST/HST on face masks and shields. For business owners, as of December 4th, the CEBA loan has been expanded by an additional $20,000.
https://skyeplanning.com/wp-content/uploads/2020/12/Personalemail@example.com 563 1000 Tracy Duff https://skyeplanning.com/wp-content/uploads/2019/03/Black-vertical-skye.png Tracy Duff2020-12-02 14:07:542020-12-02 15:09:27Personal Tax Planning Tips – End of 2020 Tax Year
To help our clients, we’ve put together a comprehensive article filled with great tips on how to get ready for 2020 tax season. Here’s a summary of our personal tax tips article: • Details about the different COVID-19 benefits programs and the tax ramifications of them • Information about family tax issues including the Canada Child Benefits and tips on how to split income. • Managing investments. Details about contributing to various savings plans such as a TFSA, RESP, or RDSP. Also tips on how and when to donate to charity and how to time the purchase or sale of investments. • Retirement planning. How to make the most of your RRSP, things to know if you’ve turned 71, and tips on RRIF conversion.
https://skyeplanning.com/wp-content/uploads/2020/11/segFund.jpg 810 1440 Tracy Duff https://skyeplanning.com/wp-content/uploads/2019/03/Black-vertical-skye.png Tracy Duff2020-11-01 07:00:002020-11-01 07:24:07The Difference between Segregated Funds and Mutual Funds
Segregated Funds and Mutual Funds often have many of the same benefits however there are key differences you should consider like Maturity and Death Benefit Guarantees.
https://skyeplanning.com/wp-content/uploads/2020/10/financialAdviceBO.png 512 1024 Tracy Duff https://skyeplanning.com/wp-content/uploads/2019/03/Black-vertical-skye.png Tracy Duff2020-10-01 07:12:022020-10-02 06:12:03Financial Advice for Business Owners
We can help you determine where you are today financially and where you want to go. We can provide you guidance on how to reach your short, medium and long term financial goals.
https://skyeplanning.com/wp-content/uploads/2020/09/500x500-6-STEPS-TO-RETIREMENT-SUCCESS-coverImage.png 500 500 Tracy Duff https://skyeplanning.com/wp-content/uploads/2019/03/Black-vertical-skye.png Tracy Duff2020-08-31 07:42:052020-09-01 06:42:076 Steps to Retirement Success
Retirement planning can be challenging, we’ve outlined what we feel are 6 steps to retirement success. Talk to us about a complimentary comprehensive review of your retirement plan.
https://skyeplanning.com/wp-content/uploads/2020/08/insurancePlanningforBusinessOwnersFI.jpg 810 1440 Tracy Duff https://skyeplanning.com/wp-content/uploads/2019/03/Black-vertical-skye.png Tracy Duff2020-08-04 14:48:002020-08-05 13:48:01Insurance Planning for Business Owners
For business owners, making sure your business is financially protected can be overwhelming. Business owners face a unique set of challenges when it comes to managing risk. Insurance can play an important role.
https://skyeplanning.com/wp-content/uploads/2020/07/CEWS_expanded@2x.png 640 1000 Tracy Duff https://skyeplanning.com/wp-content/uploads/2019/03/Black-vertical-skye.png Tracy Duff2020-07-17 16:37:092020-07-17 17:06:15Canada Emergency Wage Subsidy expanded to include more businesses!
On July 17th, Finance Minister Bill Morneau announced proposed changes to the Canada Emergency Wage Subsidy (CEWS) that will expand the number of businesses that qualify for the program.
https://skyeplanning.com/wp-content/uploads/2020/07/CEWS_extended_december@2x.png 640 1000 Tracy Duff https://skyeplanning.com/wp-content/uploads/2019/03/Black-vertical-skye.png Tracy Duff2020-07-13 10:05:152020-07-13 10:33:14Canada Emergency Wage Subsidy extended into December!
On July 13th, Prime Minister Justin Trudeau announced the extension of the Canada Emergency Wage Subsidy (CEWS) until December.
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Business owners can be busy… they’re busy running a successful business, wearing lots of hats and making a ton of decisions. We've put together a list of 10 essential decisions for every business owner to consider.
https://skyeplanning.com/wp-content/uploads/2020/06/CERB_extended_CEBA_expanded@2x.png 640 1000 Tracy Duff https://skyeplanning.com/wp-content/uploads/2019/03/Black-vertical-skye.png Tracy Duff2020-06-17 11:51:162020-06-17 12:33:17CERB Extended | Business Owners who did not qualify previously – expanded CEBA starts June 19th
Great news for Canadians out of work and looking for work. The CERB will be extended another 8 weeks for a total of up to 24 weeks. The expanded CEBA will begin June 19th.
https://skyeplanning.com/wp-content/uploads/2020/06/insurancePlanningYoungFamiliesFI.jpeg 810 1440 Tracy Duff https://skyeplanning.com/wp-content/uploads/2019/03/Black-vertical-skye.png Tracy Duff2020-06-02 14:17:312020-06-02 14:57:10Insurance Planning for Young Families
For young families, making sure your family is financially protected can be overwhelming, especially since there’s so much information floating online. This infographic addresses the importance of insurance- personal insurance.
https://skyeplanning.com/wp-content/uploads/2020/05/CECRA-May25.png 640 1000 Tracy Duff https://skyeplanning.com/wp-content/uploads/2019/03/Black-vertical-skye.png Tracy Duff2020-05-24 13:43:532020-05-24 14:09:13Small Businesses! Applications for Canada Emergency Commercial Rent Assistance starts May 25th
The Application portal for the Canada Emergency Commercial Rent Assistance (CECRA) opens at 8:00am EST on May 25th
https://skyeplanning.com/wp-content/uploads/2020/05/CEBA_expanded.png 640 1000 Tracy Duff https://skyeplanning.com/wp-content/uploads/2019/03/Black-vertical-skye.png Tracy Duff2020-05-19 13:44:182020-05-19 14:09:10Expanded eligibility for CEBA $40,000 interest-free loan
The Prime Minister outlined the expanded eligibility for the Canada Emergency Business Account and highlighted companies such as hair salon owners, independent gym owners with contracted trainers and local physio businesses will now be eligible. "If you are the sole owner-operator of a business, if your business relies on contractors, or if you have a family-owned business and you pay employees through dividends, you will now qualify." - PM Justin Trudeau
https://skyeplanning.com/wp-content/uploads/2020/05/CEWS_Extended@2x.png 640 1000 Tracy Duff https://skyeplanning.com/wp-content/uploads/2019/03/Black-vertical-skye.png Tracy Duff2020-05-08 09:51:092020-05-08 10:33:15Extended! Canada Emergency Wage Subsidy extended beyond June
On May 8th, Prime Minister Justin Trudeau announced that they will extend the Canada Emergency Wage Subsidy (CEWS) beyond June.
https://skyeplanning.com/wp-content/uploads/2020/04/CEWS_April27@2x.png 640 1000 Tracy Duff https://skyeplanning.com/wp-content/uploads/2019/03/Black-vertical-skye.png Tracy Duff2020-04-21 13:52:372020-04-21 14:33:07Apply for Canada Emergency Wage Subsidy starting April 27th | Calculate your subsidy
On April 21st, Prime Minister Justin Trudeau announced that the Canada Revenue Agency will accept applications for the Canada Emergency Wage Subsidy (CEWS) starting Monday, April 27th. This new measure gives qualifying employers up to $847 per employee each week so they can keep people on the payroll.
https://skyeplanning.com/wp-content/uploads/2020/04/business-chairs-company-coworking-7070.jpg 423 640 Tracy Duff https://skyeplanning.com/wp-content/uploads/2019/03/Black-vertical-skye.png Tracy Duff2020-04-16 13:23:282020-04-16 13:48:07New Canada Emergency Commercial Rent Assistance | Canada Emergency Business Account Expanded
On April 16th, Prime Minister Justin Trudeau announced support for to help small businesses with their rent for the months of April, May and June. The program is being worked out with the provinces and more details will be available shortly.
https://skyeplanning.com/wp-content/uploads/2020/04/CERB_expanded.png 320 500 Tracy Duff https://skyeplanning.com/wp-content/uploads/2019/03/Black-vertical-skye.png Tracy Duff2020-04-15 09:49:412020-04-15 10:33:09Expanded eligibility for Canada Emergency Response Benefit (CERB) & Boosted wages for Essential Workers
Prime Minister Justin Trudeau announced: "Today, we're announcing more help for more Canadians. This includes topping up the pay of essential workers. At the same time, we'll also be expanding the Canada Emergency Response Benefit to reach people who are earning some income as well as seasonal workers who are facing no jobs and for those who have run out of EI recently. Expanding the CERB to include people who earn up to $1,000 per month. Maybe you're a volunteer firefighter, or a contractor who can pickup some shifts, or you have a part-time job in a grocery store."
https://skyeplanning.com/wp-content/uploads/2020/04/Saskatoon-1.jpg 175 500 Tracy Duff https://skyeplanning.com/wp-content/uploads/2019/03/Black-vertical-skye.png Tracy Duff2020-04-13 15:45:032020-04-14 14:45:03Saskatchewan Small Business Emergency Payment – up to $5,000 for business
The Saskatchewan Small Business Emergency Payment program provides up to $5,000 in financial assistance to small businesses in Saskatchewan that have been ordered to temporarily close or significantly curtail operations during the public emergency period due to a public health order to help control transmission of COVID-19.
https://skyeplanning.com/wp-content/uploads/2020/04/CEBA_Today.png 320 500 Tracy Duff https://skyeplanning.com/wp-content/uploads/2019/03/Black-vertical-skye.png Tracy Duff2020-04-09 10:47:222020-04-09 11:09:09Applications for the Canada Emergency Business Account starts TODAY!
The new Canada Emergency Business Account (CEBA) is available starting TODAY and is available through major banking institutions. The CEBA will provide qualifying businesses an interest-free loans of up to $40,000 until December 31, 2022.
https://skyeplanning.com/wp-content/uploads/2020/04/Business_Owners_Qualification_850px.png 600 850 Tracy Duff https://skyeplanning.com/wp-content/uploads/2019/03/Black-vertical-skye.png Tracy Duff2020-04-08 15:50:562020-04-08 16:24:12Rules changed to allow more struggling business owners access to CERB, Wage Subsidy. Summer jobs program increased to 100%
A big win today for some small business owners who previously did not qualify for the $500/week Canada Emergency Response Benefit (CERB) or the 75% Canada Emergency Wage Subsidy (CEWS).
https://skyeplanning.com/wp-content/uploads/2020/04/TaxLossSelling-Featured-Image.png 320 500 Tracy Duff https://skyeplanning.com/wp-content/uploads/2019/03/Black-vertical-skye.png Tracy Duff2020-04-01 01:39:022020-04-02 00:39:03Tax Loss Selling
Over the last few weeks, the financial market has taken a downturn amidst fears over Coronavirus. Understandably, you are concerned with your portfolio, it’s important to stay level-headed to avoid making financial missteps. However, staying level-headed doesn’t necessarily mean you sit there and do nothing. In fact, one consideration you can look is taking an active tax management approach. Tax loss selling is a strategy to crystallize or realize any capital losses in your non-registered accounts so it can be used to offset any capital gains.
https://skyeplanning.com/wp-content/uploads/2020/03/Trudeau-Wage_subsidy_75percent.png 337 500 Tracy Duff https://skyeplanning.com/wp-content/uploads/2019/03/Black-vertical-skye.png Tracy Duff2020-03-27 11:40:562020-03-27 12:42:11Help for Small/Medium Businesses & Entrepreneurs – 75% wage subsidy, $40,000 interest-free loan & more
March 27, 2019 - Prime Minister Justin Trudeau announced programs and measures focused on helping Small & Medium Sized Businesses and Entrepreneurs cope with the economic consequences caused by the COVID-19 pandemic. “With these new measures, our hope is that employers being pushed to laying off people due to COVID-19 will think again,” Trudeau said. “And for those of you who have already had to lay off workers, we hope you will re-hire them.”
https://skyeplanning.com/wp-content/uploads/2018/09/dutiesOfAnExectuor.jpg 340 510 Financial Tech Tools https://skyeplanning.com/wp-content/uploads/2019/03/Black-vertical-skye.png Financial Tech Tools2018-09-29 19:08:002019-03-06 22:30:53The Duties Of An Executor
An executor is an individual or institution that is named in a will whose duty is to distribute estate assets according to the testator’s wishes. Acting as an executor can be stressful and time consuming so it is a good idea for a testator to make his or her choice wisely, and for someone who is asked to be an executor to investigate and review exactly what the job entails.