News

BC Flipping Tax

BC Flipping Tax

Did you know that on January 1, 2025, the BC provincial government introduced a new tax on property flipping?

This follows changes made by the Federal Government to the Income Tax Act a couple of years ago.

Are you interested to know if the BC flipping applies to…

BC Speculation and Vacancy Tax

BC Speculation and Vacancy Tax

There are Vacancy Taxes at all levels of government.
 
At the Federal level we have the Underutilized Housing Tax. At the provincial level we have the Speculation and Vacancy Tax, and at the municipal level, the City of Vancouver has what is colloquially called the E…

Resources

Bank of Canada

BC Notaries Association

First Time Home Buyers’ Program

Scrivener magazine

After Death Taxes

According to the BC Provincial Government, the purpose of Make-A-Will Week is to encourage the public to write their Will or bring an existing Will up to date.

This annual campaign helps to create awareness among the general public of the need for everyone to conduct…

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Flipping Tax Comes to BC

Flipping Tax Comes to BC

When the BC Provincial Government tabled its 2024 provincial budget on February 22, 2024, it included the Residential Property (Short-Term Holding) Profit Tax Act (the “Act”). That legislation came into force January 1, 2025, making British Columbia the first provin…

Your Estate Planning Guide

Your Estate Planning Guide

Being an executor or an attorney by Power of Attorney can be a daunting task. Whether you are pre-planning your own affairs or you have recently been charged with this important responsibility, this guide will help make the process run more smoothly.

Working Together with Chartered Professional Accountants

Working Together with Chartered Professional Accountants

Notaries are oftentimes challenged when they attempt to convince their clients of the necessity to seek the advice of an income tax practitioner. One way to overcome such resistance is for the Notary to have an established relationship with a trusted CPA to whom the cli…