by Financial Tech Tools | Nov 1, 2023 | Blog, Business Owners, dental benefits, group benefits, health benefits
Building a Sustainable Future TogetherAs specialists in group benefits, the primary goal is to cultivate a sustainable future by collaborating closely with clients. The belief is that an informed and engaged workforce is pivotal for the success of any organization. A...
by Financial Tech Tools | Oct 3, 2023 | Blog, Business Owners, financial advice, Financial Planning, group benefits, health benefits
Group benefits can be intricate both in their establishment and administration. There are numerous details and considerations to be aware of when purchasing a group benefits plan, one of which is the target loss ratio (TLR).Key Questions Addressed:What is a target...
by Financial Tech Tools | Mar 29, 2023 | 2023, Blog, Business Owners, dental benefits, Family, Financial Planning, individuals
On March 28, 2023, the Federal Government released their 2032 budget. This article highlights the following financial measures:New transfer options associated with Bill C-208 for intergenerational transfer.New rules for employee ownership trusts.Changes to how the...
by Financial Tech Tools | Mar 24, 2023 | Blog, Business Owners, individuals, Ontario Only, tax
Ontario 2023 Budget HighlightsOn March 23, 2023, Ontario’s Minister of Finance delivered the province’s 2023 budget. Here are some of the highlights. No Changes To Corporate or Personal Tax RatesBudget 2023 did not change Ontario’s corporate or personal tax...
by Financial Tech Tools | Dec 6, 2022 | 2022, 2022 Only, Blog, Business Owners, Financial Planning, tax
Now that we’re approaching the end of the year, it’s time to review your business finances. We’ve highlighted the most critical tax-planning tips you need to know as a business owner.Salary/Dividend MixAs a business owner, an essential part of tax...
by Financial Tech Tools | Sep 1, 2022 | Blog, Business Owners, corporate, tax
Five Ways To Withdraw Money From Your Business In A Tax-Efficient MannerYou have worked long and hard to build up your business, and now you are ready to withdraw money from your business’ bank account. But you don’t want to get hit with a huge tax bill....