ARTICLE · 06 DECEMBER 2024

The 2024 Year-End Tax Planner

Bateman MacKay LLP

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Engaging in effective tax planning with the professionals at Bateman MacKay is often a multi-year endeavour.

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Engaging in effective tax planning with the professionals at Bateman MacKay is often a multi-year endeavour. As 2024 nears its close, assessing and refining your tax strategies for both the current and future years is essential to optimizing your tax position by December 31, 2024. This article highlights key income tax changes and Canada Revenue Agency (CRA) policy updates, along with various tax planning opportunities. Should you have any questions about these changes or potential strategies, please reach out to your Bateman MacKay Business Advisor for tailored guidance specific to your circumstances.

2024 Tax Planning Highlights

Capital Gains Changes and Planning Opportunities – The 2024 Federal Budget introduced substantial changes to the taxation of capital gains.

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