Category: News

International Tax Evasion

Stop International Tax Evasion Program To combat unreported foreign income, the Federal Government introduced the concept that Canada Revenue Agency (CRA) will pay financial rewards to individuals who provide information on major international tax evasion. CRA could pay up to… {Read more}

2016 Maximum pensionable earnings

Canada Revenue Agency announces Maximum pensionable earnings for 2016 The Canada Revenue Agency announced today that the Maximum pensionable earnings under the Canada Pension Plan (CPP) for 2016 will be $54,900—up from $53,600 in 2015. The new ceiling was calculated… {Read more}

Free Tax Preparation Clinics

Tax preparation clinics benefit your community: Learn how you can participate Every year, the Canada Revenue Agency (CRA) supports community organizations across the country as they run free tax preparation clinics. It happens in communities just like yours, through a… {Read more}

Minimum Wage Rates in Ontario

 Minimum Wage Rates Minimum wage is the lowest wage rate an employer can pay an employee. Most employees are eligible for minimum wage, whether they are full-time, part-time, casual employees, or are paid an hourly rate, commission, piece rate, flat… {Read more}

Benefit Payment Dates

Benefit payment dates for Canada child tax benefits The Canada child tax benefit is a tax-free monthly payment made to eligible families to help them with the cost of raising children under age 18. The CCTB may include the: National… {Read more}

Taxpayer service rights

As a taxpayer, you have eight service rights, outlined in the Taxpayer Bill of Rights, which govern your relationship with the CRA. The eight service rights include: the right to be treated professionally, courteously, and fairly (Article 5); the right… {Read more}

CRA online services for small business

Canada Revenue Agency continues to expand its online services for small business Small Business Week is an opportunity to celebrate and recognize the contribution small businesses make in communities across the country. The Canada Revenue Agency (CRA) understands that small… {Read more}

Video Tax News

Life in the Tax Lane – Nov 2015 Video Tax News is  pleased to be able to share these informative tax news videos from Video Tax News.  They are not too long, cover a wide range of topics, and… {Read more}