Canada Revenue Agencyrecently revealedtax tips for students, including tax credits, deductions, free tax clinics and more. Whether you're filingCanada taxesfor the first time now that you're attending post-secondary school or have submittedtax returnsbefore and have questions, here's what you need...
A goods and services tax (GST) number is a unique identifier issued by the Canadian Revenue Agency (CRA) that identifies businesses registered to collect and remit GST in Canada. The registration process is simple and straightforward, with registration available online through the CRA website. Re...
Looking to start a business in Canada? Let us guide you through the process of forming your Canadian corporation.
A goods and services tax (GST) number is a unique identifier issued by the Canadian Revenue Agency (CRA) that identifies businesses registered to collect and remit GST in Canada. The registration process is simple and straightforward, with registration available online through the CRA website. ...
Canada Revenue Agencyhas announcedthat taxpayers with taxable income of $75,000 or less, who received eligible benefits, will not be charged interest on 2020 amounts owing until April 30, 2022. Late filing penalties still apply for returns that aren't filed by their due dates. ...
You cannot normally make tax claims without receipts. You would need the support of original documents for any tax write-off. When filing online, you wouldn’t typically need to send your expense receipts to the CRA. However, you would need to produce them when asked. RELATED ARTICLES...
CanadaRevenueAgency(CRA)filingrequirementsforNon-Profit Organizations(NPO’s) T2CorporateIncomeTaxReturn “Allcorporations–includingnon-profitorganizations,…-havetofileaT2returnfor everytaxyear,evenifthereisnotaxpayable.Theonlyexceptiontothisruleisa corporationthatwasaregisteredcharitythroughouttheyear.”(Frompag...
(From Canada Revenue Agency) SCAMMERSposing as Canada Revenue Agency (CRA) employees continue to contact Canadians, misleading them into paying false debt. These persistent scammers have created fear among people who now automatically assume that any communication from someone representing the CRA is ...
Filing Incorporation Application Filing incorporation forms, documents, and online fees takes around 1 to 2 days to complete. Certificate of Incorporation (2-5 Days) Once the authority validates the documents and grants official approval for your business as a legal entity, a certificate of incorpora...
When Is the Tax Filing Deadline in Canada? The tax filing deadline for most individuals in Canada is April 30th. However, if you or your spouse or common-law partner run a business, the deadline is June 15th. It's important to note that any taxes owed are generally due by April 30th...