Personal and Corporate Income Tax
CTL Business Group Limited offers a full range of tax planning and compliance services. We will work with you year-round if necessary in order to minimize your total tax burden. Our firm also prepares all federal, provincial, and local tax returns for individuals and businesses.
Personal Income Tax
Our Services
- Personal tax analyzing
- Personal tax planning
- Personal tax return
- Canada, USA, Taiwan, China, Hong Kong and Singapore tax planning and consulting
Personal Tax Benefit
- Family Tax Cut 2014 – non-refundable tax credit of up to $2,000 NEW*
- Universal Child Care Benefit (UCCB): The UCCB is designed to help Canadian families, as they try to balance work and family life, by supporting their child through direct financial support. The UCCB is for children under the age of 6 years and is paid in installments of $100 per month per child
- Child Disability Benefit (CDB): The Child Disability Benefit (CDB) is a tax-free benefit of up to $2,650 per year ($220.83 per month) for families who care for a child under age 18 with a severe and prolonged impairment in physical or mental functions.
- Non-refundable tax credit amounts: (in Alberta)
- Eligible dependant amount – $17,787 less the dependant’s net income for the year.
- Age amount – $4,957
- Spouse or common-law partner amount – $17,787 less the spouse’s net income for the year
- Basic personal amount – $17,787
- All credit amounts are converted to non-refundable tax credits by multiplying by 10%.
Corporate Tax
Our Services
- Corporate tax analyzing
- Corporate tax planning
- Corporate tax return
- Canada, USA, Taiwan, China, Hong Kong and Singapore tax planning and consulting