Grants, Rebates & Programs

Small Business Venture Capital Tax Credit

2017-08-23T14:55:38+00:00

Venture Capital Programs encourage investors to make equity capital investments in British Columbia small businesses that will enhance and diversify the provincial economy. The government recognizes that creating new small businesses and expanding existing ones will contribute to a healthy economy. These programs give small business continuous access to early stage venture capital to help them develop and

Small Business Venture Capital Tax Credit2017-08-23T14:55:38+00:00

B.C. Early Childhood Tax Benefit

2017-08-16T14:45:06+00:00

The B.C. Early Childhood Tax Benefit (BCECTB) is a tax-free monthly payment made to eligible families to help with the cost of raising young children under age 6. Benefits from this program are combined with the federal Canada Child Benefit (CCB) into a single monthly payment. The BCECTB provides a benefit of up to $55

B.C. Early Childhood Tax Benefit2017-08-16T14:45:06+00:00

Invest in Your Future with the Lifelong Learning Plan

2017-02-08T15:11:06+00:00

If you are planning to return to school to enhance your existing skill set or even start a new career, the federal government’s Lifelong Learning Plan (LLP) can help. The Lifelong Learning Plan is the sister program of the very popular Home Buyers’ Plan (HBP).   Like the Home Buyers’ Plan, qualified LLP participants can

Invest in Your Future with the Lifelong Learning Plan2017-02-08T15:11:06+00:00

B.C.’s First-Time Home Buyers’ Program at Work

2017-02-01T15:32:21+00:00

B.C.’s First-Time Home Buyers’ Program (FTHBP) is a provincial government program designed to assist new homeowners.  The First-Time Home Buyers’ Program is not to be confused with the Home Buyers’ Amount.  While the former is a provincial property transfer tax exemption offered to eligible first-time home buyers in B.C., the latter is a federal non-refundable

B.C.’s First-Time Home Buyers’ Program at Work2017-02-01T15:32:21+00:00

Carrying Charges Can Save You Money

2017-01-25T14:41:07+00:00

There are a number of deductions, called Carrying Charges and Interest Expenses, available to taxpayers to claim on their personal income tax returns. The Canada Revenue Agency states that if you incur costs during the course of earning income from your investments, you may claim those expenses as tax deductions.  Eligible carrying charges for the

Carrying Charges Can Save You Money2017-01-25T14:41:07+00:00

Get a Tax Break With the Home Buyers’ Amount

2017-01-18T15:15:21+00:00

The Home Buyers' Amount allows you to claim up to $5,000 when purchasing a qualifying home. This translates to a federal non-refundable tax credit of up to $750 on qualifying home purchases. Canada's Home Buyers' Amount allows you to claim federal non-refundable tax credit of up to $750 on qualifying home purchases. The

Get a Tax Break With the Home Buyers’ Amount2017-01-18T15:15:21+00:00

The Home Buyers’ Plan Helps Get You a Tax-Free Loan

2017-01-11T14:33:23+00:00

The Home Buyers’ Plan allows you to withdraw up to a maximum of $25,000 from your Registered Retirement Savings Plan (RRSP) to help finance your down payment.  If you are purchasing it with a spouse, a partner, a friend, or someone else, you can each access up $25,000 from your individual RRSPs.  Withdrawals for

The Home Buyers’ Plan Helps Get You a Tax-Free Loan2017-01-11T14:33:23+00:00

The Ins and Outs of the Disability Tax Credit

2016-12-15T14:11:55+00:00

The Disability Tax Credit (DTC) is one of the many government programs available to help ease the financial stress of those living with a disability.  Despite this, the DTC is one of the more under-utilised credits in Canada.  According the Canada Revenue Agency, at least 1.1 million Canadians are eligible for the DTC; however, just

The Ins and Outs of the Disability Tax Credit2016-12-15T14:11:55+00:00

Let Moving Expenses Work for You

2016-11-09T14:13:46+00:00

Moving can be stressful, not to mention expensive. Whether you are moving because of your growing family, job relocation, downsizing, retirement, or school, your finances will be affected by the costs.  However, depending on the circumstances of your move, you may be eligible for tax relief from the government. Under Canada’s Income Tax Act, if

Let Moving Expenses Work for You2016-11-09T14:13:46+00:00

Students! Get Ahead with these Government Tax Breaks

2016-09-06T15:25:46+00:00

Even though tax season is still 8 months away, it is never too early to start thinking about taxes.  It may be far from the minds of most Canadians, let alone post-secondary students who just started the new school year.  However, planning early can help post-secondary students take full advantage of the tax credits the

Students! Get Ahead with these Government Tax Breaks2016-09-06T15:25:46+00:00