Because your tax situation determines the taxes you have to pay, it must take into account many factors: your professional status (employee or self-employed), your legal status, your life stage (end of studies, in practice, retired). For each of these situations there is a tax framework that defines your taxpayer profile for a given period. And since your circumstances are constantly evolving, your tax situation changes too.
Reducing your tax bill
- Your tax deductions and tax credits require special attention, as they determine your average and marginal tax rate on both your personal income and your business income (if any).
- Depending on your personal and business status, other factors may also be taken into consideration, such as cash damming, capital gains and losses, interest deductibility and income splitting. Your financial planner will be able to identify the aspects of your tax situation that should be maximized.
Particularities of self-employed workers
- Since many professionals are self-employed, instalment payments need to be integrated into their tax plan.
- There are also a number of strategies you can use to maximize your income. Incorporating your professional practice is one option to consider, and a thorough analysis of your situation will indicate whether it’s the right choice.
Specialized services tailored to your needs
- Depending on the complexity of your situation and your professional or business status, the analysis and recommendations of one of our tax specialists may be required to optimize your situation.
Our expertise: your team
- Your advisor and financial planner
- Our tax specialists (depending on the complexity of your situation)
