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The Lifetime Capital Gains Exemption (LCGE) for Medical …

WebBy claiming the LCGE, the individual can shelter up to $892,918 (the current maximum LCGE) of the capital gain realized on the disposition of the QSBC shares. This …

Actived: 8 days ago

URL: https://welchllp.com/insights/knowledge/the-lifetime-capital-gains-exemption-lcge-for-medical-professionals/

Community Leadership

WebCommunity Leadership. We strive to make a difference and believe that it is our responsibility to give back to the community. Community leadership is a central …

Category: Health Go Health

What you need to know about HST and services to non-residents

WebThis third blog in our HST series will discuss the rules that are applied when services are provided to a non-resident. If you are providing services to a non-resident, …

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Life insurance and the Professional Corporation

WebThere are a few key benefits to holding the policy/beneficiary inside the professional corporation to consider. The cost to fund the premiums will be lower if paid …

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Employer Health Tax in BC – Is It Affecting My Business

WebIt is $500,000 for all other employers per calendar year. The exemption amount must be shared amongst associated employers and must be prorated if the BC …

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Expense Reimbursements and GST/HST

WebAmount subject to HST. 2,110.00. HST. 274.30. Total Invoice. $2,384.30. Expense incurred as agent. The final example will look at the treatment for …

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Service Animal Tax Credit Expanded

WebPrior to 2018, the tax creditable costs incurred for service animals were limited to certain situations primarily dealing with physical disabilities, but as proposed in the …

Category: Health Go Health