PwC Private Business Exchange

Top 10 things to consider for your will and estate plan

Private Company Services — Thu, 19 Jan 2012 15:37:33 -0500

Planning today for your future tomorrow can reduce taxes during your lifetime, lessen income tax and probate fees and help ensure that your estate planning objectives will be met. Do you know the top things you could be doing now to make this happen? Click here to download this brochure and read more about the 10 steps.

Wealth and tax matters for individuals and private companies

Private Company Services — Mon, 19 Dec 2011 09:14:25 -0500

2011, Issue 2 Hot off the press, the latest edition of Wealth and tax matters, a periodic publication written by PwC's team of high net worth advisors, is now available. The easy-to-read publication has developed a loyal following of high net worth individuals, business owners, bankers and tax practitioners looking for ways to preserve wealth and minimize tax liabilities. Features in this edition include: family matters, such as the basics of will planning and issues that arise during business succession new initiatives proposed by the Canada Revenue Agency with respect to high net worth individuals changes to the "kiddie tax"...

What individuals and owner-managed businesses need to do now to save tax

Private Company Services — Wed, 14 Dec 2011 14:11:28 -0500

Year-End Tax Planner 2011 - Now Available! The Year-End Tax Planner is designed primarily for individuals who have accumulated some wealth or who own their own businesses. This edition is current to November 1, 2011, and provides tax planning tips for owner-managed businesses, employees, investors, parents and spouses, students, seniors and individuals and businesses with international (including US) connections. Helpful features include: a calendar of upcoming tax filing and other deadlines highlights of recent tax developments integration tables relating active business income and investment income key personal and corporate income tax rates To access the Year-End Tax Planner 2011, click...

Introducing the Business Insights Survey of Canadian Private Companies 2011

Private Company Services — Wed, 12 Oct 2011 14:24:23 -0400

Embracing the new How have private companies fared through the volatile business landscape of the past year? What are they doing to position themselves for growth in the long-term? At a time when uncertain economic indicators are keeping everyone guessing on a daily basis, the seventh annual Business Insights Survey of Canadian Private Companies provides valuable insights for the private company community. Results from over 300 respondents show that private companies across the country have navigated better than expected through the economic challenges of the past year and are optimistic about the future. Some of the same key issues will...

Wonder what it is like to work with PwC?

Private Company Services — Tue, 30 Aug 2011 14:13:34 -0400

Archie Campbell is the former Senior VP & Chief Operating Officer of Golden Boy Foods Ltd., a private company and one of North America’s largest manufacturers of private label peanut butter, baking nuts, snacking nuts and dried fruit. He provides an inside view of what it is like to work with PwC and why he takes PwC wherever he goes.

Have a family business? A family council could be the key to success

Private Company Services — Thu, 07 Jul 2011 15:04:44 -0400

Here are three things to keep in mind when creating a family council: Start with a family meeting to really look at the family’s vision, its values and needs. Why are these important to you, and your family? How will you manage disagreement as a family on business issues? Set out very clear objectives and guidelines for each meeting. A facilitator can also help challenge the family to make sure they are adhering to identified values and goals. It is a best practice to have facilitation, for that non-biased support. The goal is to equip the family council with tools...

Laying the foundation for BRICs

Private Company Services — Thu, 23 Jun 2011 11:09:41 -0400

More and more private companies are setting their sights on emerging and fast-growing markets (EFGMs), but don’t know where to start or what the risks might be. The present emerging markets landscape is dominated by the BRICs – Brazil, Russia, India, and China – but a second tier of rapidly developing markets, including Indonesia and Mexico, is catching up. Download the detailed report and country snapshots to read more about the opportunities and challenges of expanding into growth markets.

Is CSR on the radar for private companies?

Private Company Services — Thu, 28 Apr 2011 14:29:40 -0400

Results from the latest PwC Pulse Survey found that social responsibility and sustainability are low priorities for Canadian private companies. 21% of respondents currently have a corporate social responsibility (CSR) plan aligned to their business goals 53% of respondents view a CSR plan as a “nice-to-have” None of the private companies that have CSR plans are communicating them through recruitment initiatives Insights into corporate social responsibility and sustainability provides a summary of the key findings from the latest PwC Pulse Survey and offers advice from Mel Wilson on what private company owners can do to stay ahead of the...

PwC Private Company Services Pulse Survey

Private Company Services — Mon, 04 Apr 2011 15:07:13 -0400

We are taking a "pulse" of Canadian private companies to find out if sustainability and Corporate Social Responsibility (CSR) are on their radars. Sustainability and CSR have become key elements of the business strategy for many organizations. In a resource constrained world, sustainability is increasingly important to managing cost and reputation risk, supply chain integrity, and ensuring compliance with laws and regulations. Sustainability has also presented new business opportunities as we see entrepreneurs emerge in the fields of green energy and carbon reduction. Many public companies report on their sustainability and CSR activities in their annual reports and sustainability reports....

What does it mean for private companies?

Private Company Services — Wed, 23 Mar 2011 13:06:06 -0400

2011 Federal Budget Yesterday's federal budget did not contain many changes for private business owners. The scheduled corporate tax rate reductions will continue and personal tax rates remain unchanged. There were a couple of positive announcements and several new measures to shut down tax loop holes or planning strategies. Below we have highlighted some of the changes that we think will be of most interest to you. The PwC 2011 Federal Budget web page provides a more in-depth discussion of the budget. Capital Cost Allowance The accelerated 50% Capital cost allowance rate for manufacturing or processing machinery has been extended...