By Liz O'Dowd on November 12, 2014 
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Harper Government launches consultations on the Disability Tax Credit and aims to establish maximum promoters’ fees Engagement results will help the CRA to simplify the DTC application process and ensure persons with disabilities are protected from excessive fees November 4,… {Read more}
By Liz O'Dowd on November 12, 2014 Leave a comment
Run tax clinics in your community organization Have you heard of the Community Volunteer Income Tax Program (CVITP)? Every year, the Canada Revenue Agency (CRA) supports local community organizations and their volunteers as they help Canadians prepare and file tax… {Read more}
By Liz O'Dowd on November 12, 2014 Leave a comment
Teaching taxes to students is as easy as 1, 2, 3 Did you know? The Canada Revenue Agency (CRA) has free tax and financial literacy learning resources to help educators teach their students about taxes. Teaching Taxes and Responsible Citizenship… {Read more}
By Liz O'Dowd on November 12, 2014 Leave a comment
Canada Revenue Agency announces maximum pensionable earnings for 2015 November 3, 2014 – Ottawa, Ontario – Canada Revenue Agency The Canada Revenue Agency announced today that the maximum pensionable earnings under the Canada Pension Plan (CPP) for 2015 will be… {Read more}
By Liz O'Dowd on November 3, 2014 Leave a comment
Harper Government Creating Jobs and Growth While Returning to Balanced Budgets With Economic Action Plan 2014 Act, No. 2 October 23, 2014 – Ottawa, Ontario – Department of Finance Finance Minister Joe Oliver today introduced the Economic Action Plan 2014… {Read more}
By Liz O'Dowd on November 3, 2014 Leave a comment
Doubling the Children’s Fitness Tax Credit The Government will double the Children’s Fitness Tax Credit (CFTC) and make it refundable to further help families making the choice to put their children in fitness activities. Making the tax credit refundable will… {Read more}
By Liz O'Dowd on November 3, 2014 Leave a comment
Child Care Expense Deduction Increase for 2015 The government proposes to increase the maximum amount of the child care expense deduction by $1,000 per child, as follows: From $7,000 to $8,000 for each child under age 7 From $4,000 to… {Read more}
By Liz O'Dowd on November 3, 2014 Leave a comment
Universal Child Care Benefit (UCCB) Enhanced for 2015 The government proposes to increase the monthly UCCB for children under 6 from $100 to $160, and proposes to introduce a $60 per month benefit for children age 6 to 17. This… {Read more}
By Liz O'Dowd on November 3, 2014 Leave a comment
Family Tax Cut The federal government is proposing a new Family Tax Cut in the form of a non-refundable tax credit, which would be effective for the 2014 and later taxation years. This would allow couples with children under the… {Read more}
By Liz O'Dowd on November 3, 2014 Leave a comment
The Department of Finance reports a budgetary deficit of $0.3 billion in August 2014; the Government remains on track to balance the budget in 2015 October 31, 2014 – Ottawa, Ontario – Department of Finance Finance Minister Joe Oliver today… {Read more}