NKCPA Inc.

🚨 Capital Gains Tax Changes Delayed to 2026!

The planned increase to the capital gains inclusion rate has been postponed to January 1, 2026, giving individuals and businesses more time to adjust their tax strategies.
🔑 Key Updates:
✅ 50% inclusion rate remains until January 1, 2026.
✅ After that, 66.67% inclusion rate applies to capital gains over $250K (for individuals) and to all gains for corporations & most trusts.
✅ Lifetime Capital Gains Exemption (LCGE) increases to $1.25M on June 25, 2024.
✅ New Entrepreneurs’ Incentive (2025): Up to $2M taxed at 33.33%.
💡 What This Means for You:
💰 More time to sell assets under the lower 50% inclusion rate.
🏢 Business owners can optimize tax strategies before 2026.
📊 Investors can reassess portfolios for tax efficiency.

Now’s the time to plan ahead! NKCPA is here to help—contact us to make the most of this extension.