RBT Accounting Services

Annual Property Tax Sale

The City is required by the Local Government Act to sell at Tax Sale all properties whose taxes have not been paid for 3 years. A public auction is held every year on the last Monday of September. The sale is held at 10:00 a.m. in Council Chambers, City Hall: 101-310 Ward Street, Nelson.

Read more below:

Annual Property Tax Sale | Nelson, BC Any property with taxes unpaid at the end of three years, will be sold at the City's annual tax sale.

Tax FAQ’s - Small Business Venture Capital Tax Credit

‘The small business venture capital tax credit encourages corporations to make equity capital investments in B.C. small businesses to help them develop and grow.

This tax credit may be applied only to provincial income taxes payable. If you cannot apply your entire tax credit amount to B.C. taxes payable in the year, the excess may be carried forward up to four years.'

Read more about the venture capital tax credit program as well as other investment capital programs below:

Small business venture capital tax credit Information on the Small Business Venture Capital Tax Credit

More tax updates . . .

This month (July 2026) the lowest personal income tax rate increases from 5.06% to 5.60%, and the basic tax reduction credit increases from $562 to $690 per year.

Click the link below to heck it out. Have questions about how this affects you? I can help!

https://www2.gov.bc.ca/gov/content/taxes/tax-updates/budget-changes

The Canada Groceries and Essentials Benefit (CGEB) replaces the GST/HST credit this month (July 2026). This benefit provides tax-free payments four times each year to individuals and families with low and modest incomes to help manage the rising costs of everyday essentials. Starting this month, there will be a 25% increase to the benefit amount until 2031.

Read more about this benefit below:

https://www.canada.ca/en/revenue-agency/services/child-family-benefits/canada-groceries-essentials-benefit.html

Happy Canada Day!

Find key CRA dates including instalment payment due dates for 2026, GST/HST credit payment dates, important dates for RRSPs, HBP, LLP, FHSAs and more, at the link below:

https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/important-dates-individuals.html

See below for a tax update:

"In June 2026, British Columbia will implement several tax changes, including Personal income tax brackets and non-refundable tax credits.

Effective for the 2027 through the 2030 taxation years, indexation for personal income tax brackets and non-refundable tax credits is temporarily paused at their 2026 levels. Indexation will resume for 2031 and subsequent taxation years."

B.C. Provincial budget tax changes Announcing recent and proposed tax changes from the 2025 B.C. Provincial Budget.

Small Businesses - Remember to Plan Ahead for Capital Purchases

Purchasing new equipment before year-end lets you benefit from the immediate tax deductions of the Accelerated Investment Incentive.

I can help you plan for maximum savings!

Accelerated investment incentive - Canada.ca Information on the accelerated investment incentive as well as the full expensing measures for manufacturing and processing machinery and equipment, and clean energy equipment, including their restrictions and their phasing out

Small Business Deduction

Does your Canadian-controlled private corporations (CCPCs) qualify for the reduced corporate tax rate on the first $500,000 of active business income?

Need to know how to structure your income to maximize this deduction?

Give me a call!

Have questions about doing the taxes for your small business? Check out the key points below.

Still seems overwhelming? I can help!

What New Entrepreneurs in BC Need to Know About Business Taxes? - CJCPA If you’ve just launched your business and you're wondering how to do taxes as an entrepreneur, chances are you're already stressed. Maybe you're unsure if you