HOW DO I KEEP MY BEST EMPLOYEES?
Executive Benefits
Attracting and retaining key employees is an important issue for many businesses. Providing innovative benefits and compensation plans are keys to rewarding and retaining these individuals.
Purpose
Providing valuable and innovative employee benefits to retain key individuals.
Who’s this for?
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- Key Employees
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- Executives
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- Business Owners
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- Shareholders
Benefits
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- Reward Key Employees
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- Retain Key Employees and Shareholders
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- Minimize the impact on your business if key employees, shareholders or business owners were to become disabled, critically ill or die
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- Retire or lower debts if key employees, shareholders or business owners were to become disabled, critically ill or die
Latest News
2024 Federal Budget Highlights
Apr 18, 2024
On April 16, 2024, Canada's Deputy Prime Minister and Finance Minister, Chrystia Freeland, presented the federal budget. While there are no changes to federal personal or corporate tax rates, the budget introduces: • An increase in the portion of capital gains subject to tax, rising from 50% to 66.67%, starting June 25, 2024. However, individual gains up to $250,000 annually will retain the 50% rate. • The lifetime exemption limit for capital gains has been raised to $1.25 million. Additionally, a new one-third inclusion rate is set for up to $2 million in capital gains for entrepreneurs. • The budget confirms the alternative minimum tax changes planned for January 1, 2024 but lessens their impact on charitable contributions. • This year's budget emphasizes making housing more affordable. It provides incentives for building rental properties specifically designed for long-term tenants. • Introduces new support measures to aid people buying their first homes. • Costs for specific patents and tech equipment and software can now be written off immediately. • Canada carbon rebate for small business
Tax tips to know before filing your 2023 income tax
Apr 02, 2024
Unlock the secrets to maximizing your 2023 tax returns with our essential guide. From the new Advanced Canada Workers Benefit to crucial deductions for families, ensure you're not leaving money on the table this tax season.
How to Choose and Customize a Group Benefits Plan for Small Businesses
Apr 01, 2024
Unlock the secrets to creating a brighter, sustainable future for your small business and employees. Discover the power of customized group benefits plans and why they're the key to success. Read the full article here!
Ontario’s 2024 Budget Highlights
Mar 27, 2024
Ontario's 2024 Budget keeps personal & corporate tax rates steady, extends gas tax cuts, and revises the OCASE Tax Credit. Discover how these changes affect you!
