Don’t forget to claim the credits and deductions to which you may be entitled or apply for certain benefits.
Tag: tax credit
Keep The Invoices
Improper input tax credit (ITC) documentation is one of the main reasons for GST/HST reassessments. Proper invoices to support ITCs are required by Canada Revenue Agency auditors. For example, the input tax credit may be disallowed if only the credit… {Read more}
Ontario Apprenticeship Training Tax Credit
The Ontario Apprenticeship Training Tax Credit (ATTC) is a refundable tax credit for
Home Renovation Tax Credit
The Home Renovation Tax Credit* is a non-refundable tax credit based on
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