The Canadian Money Roadmap Income tax is changing in 2025. Here's what's new and what isn't...
Dec 23, 2024
Get ready for some significant changes in Canadian income tax for 2025! The government is rolling out a 2.7% increase to tax brackets to keep pace with inflation. While many benefits like tax credits will see adjustments, some areas, including CPP death benefits and RRIF withholding tax, remain stagnant. Discover how these shifts could impact your financial landscape and the importance of proactive planning for future investments and retirement.
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