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...
Work-Related Travel Expenses As a small business owner, you can claim any travel expenses incurred for business purposes. These can include the costs for taxis, train or plane tickets as well as accommodation. You could also claim for car hire related to business travel or other business purpos...
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...
Like regular earnings, the interest generated by your HISA savings is considered taxable income by the Canadian Revenue Agency. When you file yourtax return, you’ll be expected to disclose the interest earned. That figure can be found in the return of investment income slip, known as a T5,...
. Eligible expenses are: the cost of such an animal, cost for its care and maintenance, including food and veterinary care; reasonable travel expenses incurred for a patient to attend a facility that trains patients in the handling of such animals; and reasonable board and lodging expenses for...
We may require you to submit proof such as your Canada Revenue Agency determination letter to verify your tax-exempt status. In simple Terms In order to use Wave Payments and verify your identity, we need to collect information about the business and its owners, which may include personal ...
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...
In Canada, the public healthcare system known as Medicare is funded mostly out of general tax revenue. It is a single-payer system, meaning the government pays for the bulk of medical services consumed. Private insurance, however, plays an important role in providing additional coverage for serv...
A tax return is a form or forms through which annual income, and any tax deductions and credits, is reported to the Canadian Revenue Agency. Siddhi BagweSandra MacGregor Quick Answers to 10 Common Tax Questions Have you ever wondered what inheritance tax is? Or whether your moving expenses...
Via Rail Canada's operating expenses 2011-2023 Via Rail Canada's total assets 2014-2023 Via Rail Canada's passenger revenue by service group 2022-2023 Number of employees - Via Rail Canada 2011-2023 Further Content:You might find this interesting as well ...