by Ricardo Ardiles | Pharmacy Owners |
Should you invest inside your pharmacy corporation? On October 18, 2017, Federal Finance Minister Bill Morneau announced tax changes to passive investments held inside private corporations. Many business owners use surplus cash to create investment portfolios within...
by Adam Tenaschuk | Pharmacy Owners, Reliefs, Retiring Pharmacists |
Best Ways to Save For Retirement: What’s the most tax-efficient way to save for retirement and access those funds in your leisure years for a pharmacist? Many would say Registered Retirement Savings Plans or a Pension Plan. RRSP’s are certainly an efficient way to...
by Ryan Carson | Pharmacy Owners
An estimated 73% of Canadians will not have their final wishes be taken into consideration at death and/or distribution of their assets will be handled solely by generic government guidelines. Why? Because they lack estate planning. We have all heard the saying, or...
by Ricardo Ardiles | Pharmacy Owners, Reliefs |
The Liberal government’s tax changes were announced today, October 16th, 2017. Back on July 18th, the department of finance, a.k.a Bill Morneau, proposed new tax measures that impact Canadian-controlled private corporations (CCPCs). After months of consultations, and...
by Adam Tenaschuk | Pharmacy Owners, Reliefs, Retiring Pharmacists |
Keeping Your Hard Earned Dollars In The Family With the new tax changes being implemented by our Liberal Government, we need to explore new avenues to defer or even eliminate tax so we can retire comfortably and then pass along the rest tax free to our loved...
by Adam Tenaschuk | Pharmacy Owners, Recent Graduates, Reliefs, Retiring Pharmacists, Staff Pharmacists, Students
Do I Lease or Buy a New Car? Many Pharmacists often come up to us and ask us if it is better to buy or lease a new car. When you are in the market for that new shiny car, choosing the model & make most likely is the easy part. The challenge then...