• Ep29: Special Episode - The 2022 Canadian Federal Budget Recap

  • Jun 17 2022
  • Length: 23 mins
  • Podcast

Ep29: Special Episode - The 2022 Canadian Federal Budget Recap

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  • Summary

  • The majority of Canadians will be affected by major changes in the New Budget. And we're all curious about how will we be able to better understand this.


    In this special episode, Mehul as a financial planner and a tax nerd discusses on the New Budget, what it means, and how it will affect the majority of Canadians. Mehul will also bring up the high-level points of reason budgeting and capital gains.


    Tune in to this episode and find out more about The 2022 Canadian Federal Budget Recap!



    Highlights:


    (02:17) Are income tax rates going up? 


    (03:23) The Small Business Reduction 


    (04:12) All You Need to Know: ​​Capital Gains Inclusion Rate


    (05:39) Details of the new registered plan


    (10:44) Understanding The Homebuyers Plan


    (11:29) What are the new deeming rules on the sale of a property?


    (15:01) Personal Tax Credits: How does it work?


    (16:56) The multigenerational home renovation tax credit


    (19:23) Interest Rates (Bank of Canada)


    Links:


    The Mind Your Biz Podcast


    Instagram: MIND YOUR BIZ PODCAST🎙️ (@mindyourbizpod) • Instagram photos and videos


    LinkedIn: 


    https://www.linkedin.com/posts/mehulgandhicfp_mindyourbiz-smallbusinessbc-sbbc-activity-6871518247460720640-deRu/
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