Small biz tax cuts not off the table: Chagger

Minister of Small Business and Tourism Bardish Chagger says the promised tax cut for Canadian small businesses isn’t off the table, even though it wasn’t included in the 2016 budget, reports CTV.

Read: Surprise end to small business tax cuts

Chagger didn’t give a timeline as to when the cut might be introduced, but told CTV’s Question Period that small businesses have not been forgotten. She added, “The government made the decision to [first] give breaks to the country’s middle class as a means to grow the economy.” Read more.

Also, for more on how the federal budget has impacted small businesses, read:

Budget narrows access to small biz deduction

Small biz hit yet again by changes to eligible capital property

Tax brackets have changed…but there’s more

Essential tax numbers: Post-budget update

Staff

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