You may be considered a non-resident for tax purposes if you don't have significant residential ties in Canada, live outside Canada throughout the tax year, and stay in Canada for less than 183 days in the tax year. As anon-resident of Canada, you pay tax on income from sources in C...
这项抵税额是政府对照护者的支持,不要错过了! (详细请查询官网:https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-return/completing-a-tax-return/deductions-credits-expenses/canada-caregiver-amount.html) 3. 家庭无障碍设施优惠(Home accessibility tax credi...
Glen JenningsStevan NovoselacJohn Sorensen
Canada’s income tax rates are divided into different levels, often referred to as “brackets.” The federal income tax bracket you belong to depends on how much you earned during the year. Provinces and territories have their own tax brackets, which also depend on your income. What are ...
Have you ever received a call purporting to be from the Canada Revenue Agency (CRA), alerting you that you have unpaid taxes that need to be paid immediately or you will be arrested? Or perhaps you've been sent a text message or email purporting to be from the CRA that also contained ...
If you filled in your email address on the front page of your T1 personal tax return, you have officially registered to receive mostCanada Revenue Agencycommunications via email. This means the onus is on you. If you forget to check your email and miss an important communication, it could ...
Healthcare Spending Accounts (HSAs), or Private Health Spending Plans (PHSPs), offer business owners or self-employed individuals a tax-effective way of paying for health and dental expenses with pre-tax dollars. Canada Revenue Agency (CRA) lists a wide range of products and services which ar...
On 23 January 2025, the Department of Finance released draft income tax legislation and related explanatory notes to extend the deadline for taxpayers to make charitable donations that qualify for tax support for the 2024 taxation year. On the same day, the Canada Revenue Agency (CRA) announced...
Ottawa—The Canada Revenue Agency has outlined its thinking on the tax implications of the emissions trading system Canada is developing as part of its strategy to reduce greenhouse gas emissions as called for under the Kyoto Protocol.rnIn its Income Tax Technical News No. 34 publication, which ...
The main difference with a TFSA is that although you don’t get a tax break when you contribute, you would not pay any capital gains tax to the Canada Revenue Agency (CRA) when money is withdrawn. Despite the name, tax-free savings accounts do more than what savings accounts can do....