2025 tax changes are coming, so tune in and find out what these changes mean for you and your business.
00:00 - Intro
00:25 - RRSP Contribution Limit for 2025
00:58 - TFSA Contribution Limit for 2025
01:34 - First Home Savings Account (FHSA)
02:16 - Canada Pension Plan (CPP) Updates for 2025
02:22 - Regular CPP Contributions
02:58 - CPP 2.0 Contributions
03:39 - Summary of Total CPP Contribution Costs for 2025
04:16 - Federal Tax Bracket Adjustments for 2025
04:58 - Basic Personal Amount Increase
05:29 - Proposed Capital Gains Changes
05:36 - Higher Lifetime Capital Gains Exemption (LCGE)
06:10 - Canadian Entrepreneurs’ Incentive (CEI)
06:47 - What These Changes Could Mean for Business Owners
07:10 - Proposed GST Updates for December 2024 - February 2025
07:18 - GST/HST Holiday on Select Items
07:45 - Why These Measures Were Introduced
08:14 - What This Means for You
08:31 - Updates to the Home Buyers’ Plan (HBP)