Personal Tax Planning - General Overview

Note: This Live Virtual course is presented in collaboration with CPA Western Pronvinces. The content is applicable to all participants. If you have questions regarding this course, please contact pdregistration@cpaalberta.ca.

Note: This course was previously a part of Personal Tax – Review of Tax Planning.

Overview: 

This course provides a high-level refresher on personal tax, highlighting recent legislative developments, process for changing legislation, determination of residence of an individual, liability to pay taxes in Canada, ceasing to be a resident of Canada, types of Canadian taxes, and compliance requirements. The course also emphasizes the importance of administrative rules and risk considerations, equipping You to approach personal tax planning with greater confidence and clarity.

Course Content:

In this course, you will gain knowledge about the following topics:

• Highlights of recent personal tax changes
  
• Tax research
  
• Legislative change process
  
• Liability for tax
  
• Determination of residency
  
• Types of Canadian taxes
  
• Application of GAAR and key administrative rules
  

NOTE: This course does not review the detailed preparation of a personal tax return.

Learning Objectives: 

Upon completing this course, you should be able to:

• Identify changes to personal tax 
  
• Understand when you cease to be a resident in Canada and the tax implications
  
• Types of income taxable in Canada and when an individual is required to pay taxes in Canada
  
• Integrate administrative rules (filing, assessments, penalties, disclosure) into planning recommendations to reduce risk and improve execution
  

Who Will Benefit:

• Professionals involved in personal tax who want a structured refresher on planning concepts.
  
• Practitioners supporting individuals, family trusts, and owner‑managers seeking up‑to‑date, practical guidance.