23 Haziran 2012 Cumartesi

Time to budget

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So it's June.  What a spring.  Let's hope the April and May showers have passed and the summer sun is on the way. At the office, we are excited for the summer months, as I'm sure you are too.
We have been busy in May and into June.  The idea that everything slows down after April 30th is not so accurate.  It's exciting here at Henderson Campeau, we continue to grow and develop new and existing relationships.
We are trying to get some golf in as the weather improves. We are also looking forward to all the summer events and fun to be had here in Calgary


So this week the government re-introduced the 2011 budget with very little surprises.  In regards to how it may affect you click on the following link and explore the highlights.
2011 budget highlights
A few that stick out are:
  • Children's arts credit.  A $500 tax credit for children enrolled in artistic activities.  Similar to the existing fitness credit but for the arts
  • Family caregiver credit. An additional tax credit of $2000 for caregivers of mentally or physically infirm dependents.
  • For small businesses.  A onetime $1000 EI premium credit on the company's increase in premiums if they hire new employees in the year.  (the total EI premiums for the business must be under $10,000)
Just a few highlights. Keep yourself informed and aware of how tax changes (or even current rules) affect you, your family and your business.
Have a great weekend.

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