Gerald Hunt

About Gerald Hunt

After graduating from the University of Calgary with a Bachelor of Science degree in Computer Science, Gerald joined KPMG (Formerly Thorne Riddell) as a Computer Accounting Customer Service representative. In this position, Gerald installed accounting systems in over 200 different small to medium sized companies over a 6 year span. In 1989, Gerald left KPMG to continue to work with small business clients in his own corporation installing computer accounting systems. While in this role, he was engaged by the DeVry Institute of Technology in Calgary to teach various courses. In time, Gerald moved up through the ranks of DeVry until he attained the position of Director of Finance for the Calgary Campus. He also acquired his Masters of Business Administration from City University of Seattle, Washington in 2001. Gerald’s career has always been focused on small business, accounting and education.

Potential Tax Rate Changes: Alberta

We just received notice of the new tax rates proposed for Albertans for 2016.  These aren’t law yet but wanted to give you some notice of what’s ahead.

This is no doubt good news for some of you and bad news for others.

Tax Brackets
Combined Personal Tax Rates

From:
To:
2014
2015
2016

$1
$44,701
25.00{7b1d1f20a894a4c63204ce17147762da143d82407cb3c58d1de0cbde1ab01a62}
25.00{7b1d1f20a894a4c63204ce17147762da143d82407cb3c58d1de0cbde1ab01a62}
25.00{7b1d1f20a894a4c63204ce17147762da143d82407cb3c58d1de0cbde1ab01a62}

44,702
89,401
32.00{7b1d1f20a894a4c63204ce17147762da143d82407cb3c58d1de0cbde1ab01a62}
32.00{7b1d1f20a894a4c63204ce17147762da143d82407cb3c58d1de0cbde1ab01a62}
30.50{7b1d1f20a894a4c63204ce17147762da143d82407cb3c58d1de0cbde1ab01a62}

89,402
125,000
36.00{7b1d1f20a894a4c63204ce17147762da143d82407cb3c58d1de0cbde1ab01a62}
36.00{7b1d1f20a894a4c63204ce17147762da143d82407cb3c58d1de0cbde1ab01a62}
36.00{7b1d1f20a894a4c63204ce17147762da143d82407cb3c58d1de0cbde1ab01a62}

125,001
138,586
36.00{7b1d1f20a894a4c63204ce17147762da143d82407cb3c58d1de0cbde1ab01a62}
36.50{7b1d1f20a894a4c63204ce17147762da143d82407cb3c58d1de0cbde1ab01a62}
38.00{7b1d1f20a894a4c63204ce17147762da143d82407cb3c58d1de0cbde1ab01a62}

138,587
150,00
39.00{7b1d1f20a894a4c63204ce17147762da143d82407cb3c58d1de0cbde1ab01a62}
39.50{7b1d1f20a894a4c63204ce17147762da143d82407cb3c58d1de0cbde1ab01a62}
41.00{7b1d1f20a894a4c63204ce17147762da143d82407cb3c58d1de0cbde1ab01a62}

150,001
200,000
39.00{7b1d1f20a894a4c63204ce17147762da143d82407cb3c58d1de0cbde1ab01a62}
39.75{7b1d1f20a894a4c63204ce17147762da143d82407cb3c58d1de0cbde1ab01a62}
42.00{7b1d1f20a894a4c63204ce17147762da143d82407cb3c58d1de0cbde1ab01a62}

200,001
300,00
39.00{7b1d1f20a894a4c63204ce17147762da143d82407cb3c58d1de0cbde1ab01a62}
40.00{7b1d1f20a894a4c63204ce17147762da143d82407cb3c58d1de0cbde1ab01a62}
47.00{7b1d1f20a894a4c63204ce17147762da143d82407cb3c58d1de0cbde1ab01a62}

300,001
+
39.00{7b1d1f20a894a4c63204ce17147762da143d82407cb3c58d1de0cbde1ab01a62}
40.25{7b1d1f20a894a4c63204ce17147762da143d82407cb3c58d1de0cbde1ab01a62}
 48.00{7b1d1f20a894a4c63204ce17147762da143d82407cb3c58d1de0cbde1ab01a62}

 

By |November 11th, 2015|Small Business Tips|0 Comments

Small and Family Owned Businesses: How a Shared Office Space Can Help Your Bottom Line

Many small businesses need high-quality office space, but with only a few people on the payroll, it’s often difficult to justify the cost of accommodation. This sometimes forces small and family-owned businesses to put up with unsuitable working spaces. Shared office accommodation is one solution that helps many small businesses work effectively. Find out how […]

By |October 1st, 2015|Small Business Tips, SmallBiz Builder|0 Comments

Supply Chain Management – Placing the Focus Where it Belongs

The concept of supply chain management has taken off in recent years, as the manufacturing process becomes more complex and companies face unique legal and liability challenges. Supply chain management classes are now standard college fare, not only for MBA candidates but for undergraduates as well.

Most young entry-level managers today are intimately familiar with supply […]

By |September 25th, 2015|Small Business Tips|0 Comments

6 Steps To Starting Your Business

Starting a business in Calgary is a serious and challenging venture. This is especially true if you’ve never done it before. For anyone who is considering setting up their own company, here are seven essential steps to covering the fundamentals.

Have Your Final Goal In Mind

Decide whether you want your business to grow into a […]

By |September 9th, 2015|Small Business Tips|0 Comments

How to Protect Your Business from Identity Theft

Identity theft is not just a problem for individuals. Businesses in Calgary are tempting targets for the bad guys, and falling victim to an identity theft can put even the most profitable and best-run company in jeopardy.

If you are not taking proactive measures to protect your business and your workers from identity theft, you are […]

By |August 11th, 2015|Small Business Tips|0 Comments

5 Tips For Hiring The Best Employee

Hiring new employees is a daunting task if you’ve never done it before. Making the wrong choice can create terrible problems in your business, preventing growth and causing unnecessary stress. That’s why it is so important to approach recruitment carefully, taking time to choose your future employees. This article shares five tips to help you […]

By |July 28th, 2015|Small Business Tips|0 Comments

Beware of Fraudulent Communications

Occasionally, taxpayers may receive, either by telephone, mail, text message or email, a fraudulent communication that claims to be from the Canada Revenue Agency (CRA). In all these cases, the communication requests personal information, such as a social insurance, credit card, bank account, and/or passport numbers, from the taxpayer.
These fraudulent communications typically insist that this […]

By |July 9th, 2015|Small Business Tips|0 Comments

7 Simple Methods for Increasing Your Business Productivity

Productivity is something that should be on every small business owner’s Profit & Loss statement.  It can have one of the biggest impacts to your bottom line.  Trying to run a small business and be productive can lead to long hours in which little work gets done. It is not usually laziness that is the […]

By |June 8th, 2015|Small Business Tips|0 Comments

Five Reasons to Hire a Tax Professional

 

Although there are still a few hardy souls that fill in their tax forms by hand and mail them in, the vast majority of self-preparers use one of the software or online based tax programs to calculate and e-file their income taxes each year. This is much easier than the old way of doing taxes, […]

By |May 26th, 2015|Small Business Tips, SmallBiz Builder, Tax Tips|0 Comments

CPP Changes January 2012-2016

These changes affect you if you are:

an employee who contributes to the Canada Pension Plan (CPP), whether you’re just starting your career or you are planning to retire soon;
a self-employed person who contributes to the CPP;
between the ages of 60 and 70 and you work while receiving your CPP retirement pension (or […]

By |May 6th, 2015|Tax Tips|0 Comments