Insights

RBC Wealth Management Services analyzes the latest proposed federal budget measures, and the effect they may have on you.

“Depending on circumstances, it may be timely to consider a prescribed rate loan strategy to help effectively lower your family’s overall tax bill.”

Exploring the topic of prescribed rate loan planning and why it may be a timely approach for some families.

“Within tax planning, two main aspects are minimizing taxable gains and finding ways to effectively manage losses. It’s here that the strategy of tax-loss selling may be beneficial.”

“For some families, there may be opportunities to reduce taxes by setting up a prescribed rate loan.”