small business tax cut ontario

The Impact of the 2025 Reconciliation Law’s Tax Changes on Small Businesses and Lessons for Future Tax Reform — Photo by Habe

Will Ontario Cut 30% Small Business Taxes?

Ontario’s 2025 small-business tax reform can lower the effective tax rate for qualifying firms, potentially saving up to 30% of eligible profit when the new deductions and credits are applied correctly. 30% of eligible profit could be saved under the new framework, according to the provincial budget released in