Maximize Tax Savings on Inter-Spousal Loans Before April 1, 2018

2018-03-01T21:16:08+00:00February 27th, 2018|In the News|

On April 1, 2018, it is expected that the CRA will double the inter-spousal loan rate from 1% to 2%. We recommend that clients consider making use of this income splitting strategy before the April 1 deadline in order to maximize tax savings.