Govt. Benefits

Enhanced GST Residential Rental Rebate: Increased Incentives    On September 14, 2023, the Department of Finance provided details on a […]

CEBA Repayment Deadline Extended: Some Issues   On September 14, 2023, the Department of Finance provided details on extending the deadline

Gifts Directed to Other Donees: Loss of Charitable Status In some situations, a registered charity may be asked to receive

Paying Rent to Non-Residents: Withholdings Required In a March 30, 2023 Tax Court of Canada case, the taxpayer was assessed

Disability Tax Credit (DTC): Electronic Applications The DTC is a non-refundable tax credit that provides tax relief for individuals (or

Multigenerational Home Renovation Tax Credit: More Housing Support The multigenerational home renovation tax credit is a refundable tax credit applicable

FIRST HOME SAVINGS ACCOUNT (FHSA) : A NEW SAVINGS TOOL A June 7, 2023 CryptoTaxLawyer.com article (Binance Bids Canada Bye-Bye!

FIRST HOME SAVINGS ACCOUNT (FHSA) : A NEW SAVINGS TOOL The tax-free FHSA was introduced in 2023 to help first-time

CPP ENHANCEMENTS : HIGHER CONTRIBUTIONS & BENEFITS In 2019, the government commenced a two-part enhancement to the Canada Pension Plan

TFSA: Carrying on a Business Within It Earnings in a TFSA are typically not taxable. However, earnings in a TFSA