John Oakey

1 month ago | bccpa.ca | John Oakey |Tammy Robertson |Irene Marie Herremans |Douglas Stuart

Several significant income tax changes may impact 2024 business tax filings. While the Parliament has passed many significant changes affecting business tax filers into law, several key measures remain unlegislated. A federal election is expected in a few months and taxpayers are left wondering which of the proposed changes will ultimately get passed by the next government.

2 months ago | bccpa.ca | John Oakey |Tammy Robertson |Irene Marie Herremans |Douglas Stuart

For T4/T4A issuers and plan administrators, ensure you’ve covered all your bases when it comes to reporting dental coverage. In Budget 2023, the federal government introduced new requirements for employers and pension plan administrators to report dental coverage offered to employees and plan members.

Oct 16, 2024 | bccpa.ca | Shane Schepens |John Oakey

Are you ready to turn your financial dreams into reality? Imagine having a clear, visual roadmap to guide you towards your financial goals. Enter the financial vision board - a powerful tool that can transform your financial aspirations into tangible targets. It’s similar to a traditional vision board used for personal goals, but with a laser focus on your financial ambitions and the lifestyle you desire.

May 12, 2024 | theglobeandmail.com | John Oakey

Please log in to bookmark this story.Log InCreate Free AccountJohn Oakey is vice-president, taxation at Chartered Professional Accountants of Canada and a member of C.D. Howe Institute’s Fiscal and Tax Competitiveness Council. Throughout my career, the Income Tax Act has grown increasingly complex – complicating even the simplest transactions. This underscores the need for a thorough review of the ITA.

May 3, 2024 | financialpost.com | John Oakey

Ottawa has to stop announcing tax changes and then backing off because they don't work. It's time for a seriously simpler systemPublished May 03, 2024  •  3 minute read You can save this article by registering for free here. Or sign-in if you have an account. Prime Minister Justin Trudeau, left, and Deputy Prime Minister and Minister of Finance Chrystia Freeland hold copies of the federal budget as they pose for a photo before its tabling, on Parliament Hill in Ottawa, on Tuesday, April 16, 2024.