Every extra dollar of net income earned by any business that steps over the $500,000 threshold will be taxed at a rate five and half times the small business rate.
bc budget
February 22, 2017
8:25AM
February 21, 2017
3:24PM
This year’s budget more than doubles last year’s spending increase estimate.
February 17, 2016
8:00AM
Budget contained no plan to offset the dramatic increase in business taxes associated with reintroducing the Provincial Sales Tax a few years ago.
February 12, 2016
9:29AM
Despite avoiding annual budget deficits Clark has allowed government debt to grow.
February 18, 2015
12:00PM
Against the backdrop of a sluggish and uncertain economy, B.C. Finance Minister Mike de Jong unveiled a largely status quo budget on Tuesday.
February 17, 2015
9:00AM
The provincial government will deliver its budget today, amid a backdrop of fallen commodity prices and a generally sluggish economy. In light of British Columbia’s mounting government debt, vigilance and restraint will be key.
September 17, 2014
11:19AM
“B.C. is currently on target to balance the 2014/15 budget,” declared Mike de Jong, B.C.’s finance minister while unveiling the government’s latest financial update. Understandably, many British Columbians will take de Jong’s comments at face value.
March 5, 2014
2:00AM
One item sorely missing from Finance Minister Mike de Jongs recent provincial budget was a plan to make BCs business taxes more competitive and attractive for investment.
February 19, 2014
2:00AM
Tuesdays BC budget, which Finance Minister Michael de Jong called boring, balanced, should have set out an ambitious agenda for the next four years.