Ontario's six-month interest and penalty relief for businesses ends October 1, 2025. Pay outstanding provincial taxes to avoid penalties.

This article provides an overview of 2025 updates to combined Federal and Ontario personal income tax rates (at the higher marginal tax brackets) and corporate income tax rates, as well as the prescribed interest rate and payroll deductions. This year's updates also include revised RRSP and TFSA contribution limits.

As first introduced in the 2024 Federal Budget, the Canada Carbon Rebate offers eligible Canadian-Controlled Private Corporations (CCPCs) with up to 499 employees a refundable tax credit.

Tax planning with Bateman MacKay is a forward-looking, multi-year process.

On May 15, 2025, Ontario's Finance Minister released the provincial budget under the theme "A Plan to Protect Ontario."

If your business relies on vehicles for operations, whether through employee reimbursements, leasing, or ownership, the 2025 updates to automobile tax deduction limits could impact your tax planning.

Many municipalities require all residential unit owners to declare the status of each unit, or these properties will be deemed vacant, with the possible application of a vacancy tax accompanied with penalties.

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

Our 2025 Federal Budget article highlights the matters most relevant to the majority of our business owner clients.