Under proposed changes, this benefit is being increased for children under age six. Effective January 1, 2015, parents will be eligible for a benefit of $160 per month for each eligible child under the age of six – up from… {Read more}
Tag: T2
Whats new for this tax-filing season – Emergency services volunteers
In 2013, you may have received a payment from a government, a municipality, or another public authority for your work as a volunteer ambulance technician, a firefighter, or a search, rescue, or another type of emergency worker. If so, the T4… {Read more}
Whats new for this tax-filing season – Adoption expenses
The maximum amount of eligible expenses for each child has been increased to $15,000
Whats new for this tax-filing season – Medical expenses
Amounts paid as salary for designing of personalized therapy plans for persons eligible to claim the disability tax credit and costs for service animals used to help manage severe diabetes, are now eligible as medical expenses.
Whats new for this tax-filing season – Investment tax credit
Eligibility for the mineral exploration tax credit has been extended to flow-through share agreements entered into before April 2015.
Whats new for this tax-filing season – GST/HST credit
You no longer have to apply for the goods and services tax/harmonized sales tax (GST/HST) credit. When you file your return, the Canada Revenue Agency (CRA) will determine your eligibility and will advise those who are eligible to receive the… {Read more}
Whats new for this tax-filing season – Mobile application
In February 2015, the CRA will be launching a mobile app for individual taxpayers. Stay tuned for more information.
Whats new for this tax-filing season – Online mail
When you register for online mail, you’ll have instant access to your tax records anytime, anywhere. Choose to receive an email notification that your notice of assessment or reassessment is available online. Provide us with an email address on your… {Read more}
Deadline for 2004 taxpayer relief
Taxpayer relief deadline is December 31, 2014 for requests related to 2004 November 27, 2014 Ottawa, Ontario Canada Revenue Agency The Canada Revenue Agency (CRA) reminds taxpayers and registrants (for both GST/HST and non-GST/HST purposes) that they have… {Read more}
Harper government supporting Canadian businesses to manage there tax affairs
Harper Government supports Canadian entrepreneurs Minister of National Revenue highlights CRA efforts to support tax literacy during Startup Canada Day on the Hill November 26, 2014 Ottawa, Ontario Canada Revenue Agency The Honourable Kerry-Lynne D. Findlay, P.C., Q.C.,… {Read more}
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