In this episode, we explore the new Canadian Entrepreneur’s Incentive (CEI) introduced in the 2024 Federal Budget. The CEI offers a reduced capital gains inclusion rate for entrepreneurs in select industries when they sell their businesses, aimed at mitigating the impact of the general increase in the capital gains inclusion rate from 50% to 67%.

We'll break down how the CEI works, its phased implementation over ten years starting January 1, 2025, and which industries qualify for this incentive.

Want to learn more about how the CEI can benefit your business?

🔗 Read the full blog
🔗 Watch the detailed video

https://www.achenhenderson.ca/

In this episode, we dive into the 2024 federal budget's significant update: the increase of the Lifetime Capital Gains Exemption (LCGE) to $1.25 million, up from $1,016,836, for the sale of qualified small business corporation shares and qualified farm or fishing property. Effective for dispositions on or after June 25, 2024.

Curious to learn more about this update and how it could impact your business?

🔗 Read the full blog
🔗 Watch the full video

https://www.achenhenderson.ca/

In our latest podcast, we dive deep into one of the most significant changes from the 2024 Canadian Federal Budget – the increase in the capital gains inclusion rate from 50% to 67%. What does this mean for you and your business? Who will be impacted the most? We break down the key points and explore the implications of this major tax shift set to take effect on June 25, 2024.

📌 Tune in to hear more about:
- The fundamentals of the capital gains inclusion rate
- Who is affected by these changes
- The specific impacts on entrepreneurs and small business owners
- The uncertainties surrounding the legislation and what you need to know


🔗 Watch the full video

🔗 2024 Capital Gains inclusion rate increase (achenhenderson.ca)

https://www.achenhenderson.ca/