What’s New In Tax?

Canada has a new minority Liberal government! Its coming tax policies need to appease the other parties so it can stay in power. Here are some of the “what’s new in tax” items we currently know about!   Tax Rates Personal There were no changes to the federal personal tax rates in 2019. The 2019 tax brackets were adjusted to take into account inflation. The Liberal government announced it will follow through with its plan to reduce personal tax...