Tax planning is taking a legitimate proactive stance with one’s income, investments, and tax-deductible plans, with the main objective to reduce tax.
The Canadian Income Tax Act states that “it is every taxpayer’s legal right to structure their affairs to pay the least amount of tax possible”. Canada Revenue Agency’s mandate is to collect as much tax as possible. This conflict creates a face-off between the taxpayer and the government. To make matters worse, each new budget changes the rules and establishes new guidelines that can be difficult to navigate for the ordinary taxpayer.
TPC provides you with professional advice aimed at reducing the taxes you pay. If you are tired of paying high taxes, why not see what we can do for you. Contact us today to start your journey towards the most efficient tax plan possible.