Your Business Unleashed Blog :
Articles by Clayton Achen

CRA Announces Temporary Penalty Relief for Taxpayers Amid Capital Gains Inclusion Rate Delay The Canada Revenue Agency (CRA) has introduced penalty and interest relief measures in response to the deferred implementation of the capital gains…

How to Confirm If the CRA Is Really Calling You With phone scams on the rise, it’s more important than ever to verify who’s on the other end of the line—especially if they claim to…

CRA Online Mail Since our firm does not monitor or manage CRA online mail for any of our clients, this page will provide you with guidance on staying up to date with online letters and…

Capital Gains Rate Increase Deferred to January 1, 2026 Read the Government’s announcement here. In a welcome, but highly ridiculous, show of Liberal incompetence, the federal government has announced a delay in the planned increase…

Celebrating Our Community: A Recap of Our 2024 Appreciation Event On November 14, 2024, we had the immense pleasure of hosting an Appreciation Event at our Calgary office. This gathering was a special opportunity for…

2024 Personal Tax Planning Tips for Canadians  As we approach the end of 2024, it’s an ideal time for Canadians to assess their finances and explore strategies to maximize tax savings before the year closes.…

Capital Gains Inclusion Rate Increase Might Not Happen The possibility that the proposed increase in the capital gains inclusion rate, as well as the increase in the lifetime capital gains exemption to $1.25M, may not…

Reduced Credit Card Transaction Fees for Small Businesses? The Government of Canada has introduced changes that it claims will reduce credit card merchant fees by up to 27%, starting on October 19, 2024. which could…

Carbon Tax Rebate for Small Businesses After 5 long years of empty promises, the Government of Canada is finally honoring its commitment to rebate some of the carbon tax paid by small businesses. According to…

Update and answers about the capital gains inclusion rate increase In the 2024 federal budget, release on April 16, 2024, the Liberal government, led by Finance Minister Chrystia Freeland, announced that they intended to increase…

What is the Canadian Entrepreneur’s Incentive (CEI)? Contained in the 2024 Federal Budget is new Canadian Entrepreneur’s Incentive, which gives certain entrepreneurs in a very limited number of industries access to reduced capital gains inclusion…

2024 Lifetime Capital Gains Exemption increased to $1,250,000 The budget will increase the Lifetime Capital Gains Exemption (LCGE) to $1.25 million (from $1,016,836) realized on the disposition of qualified small business corporation shares and qualified…