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Canada: 8 Ways the 2015 Federal Budget Could Affect Your Business

Submitted by Marijuana News on Tue, 04/21/2015 - 18:27

Finance Minister Joe Oliver’s first federal budget may have focused on pocketbook measures for voters, but small businesses should look closely at some of the promises made and incentives offered by the federal government. If you’re a manufacturer looking for a break during a rough time for the industry, an entrepreneur looking to exit and donate some of the proceeds to charity, a startup looking to buy your first office or a firm desperately in need of skilled workers, the budget holds the promise of better times ahead.

Every small business also stands to save from the reduction in the effective federal corporate income tax rate, and that’s good for the country according to David Steinberg, Partner and National Co-Leader for Private Mid-Market at EY.  “All these tax changes are helpful for the economy because it allows small business owners to invest in the economy because they save more dollars,”...

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URL: 
http://www.profitguide.com/news/8-ways-the-2015-federal-budget-could-affect-your-business-80554

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