Tax Changes and New Rules in 2023
With strong inflation in 2022, many tax changes are expected in 2023. Changes in Tax Brackets The federal income tax
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June 2025
Canada Benefit Payment Dates
Each year, Canadians receive benefits after filing income tax return or applying for them. Not everyone qualifies to receive all
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First Home Savings Account – Explained
The Government of Canada has introduced a new registered plan to save first-time home buyers $40,000 tax-free. This plan will
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Catch-Up Payments
What is Catch Up Payment? You can get funding to cover the cost of tutoring, supplies, and equipment for your
Understand Your Tax Changes – 2022
Key dates for 2022 taxes Filing dates for 2022 taxes • February 20, 2023: Earliest day to file your
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One-time top-up to the Canada Housing Benefit
The one-time supplement to the Canada housing benefit is intended to help low-income renters pay the rent. You could be
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Why should I open a CRA Personal Account
The Canada Revenue Agency (CRA) is here to answer any questions you may have regarding your tax issues and to
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Underused Housing Tax
This affects Canadian individuals, private corporations and partnerships, as well as non-residents. Underused Housing Tax is an “Annual Federal 1% tax on the
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CPP Rule Changes in 2024
INTRODUCTION Substantial changes will be made to the Canada Pension Plan (CPP) starting on January 1, 2024. Substantial changes will
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The Importance of Life Insurance: Safeguarding Your Future
Life is full of uncertainties, and while we may not like to think about it, the reality is that none
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