Budget 2025 proposes to drop the luxury tax on aircraft and vessels, as well as the underused housing tax (UHT), with the ...
The fact that the CRA is providing the wrong information so often is proof that nobody understands the impossibly complicated ...
Eligible people with a disability tax credit certificate can receive up to $2,400 a year through the CDB. The supplemental ...
Accountants across the country see this every day: rules that are burdensome, unclear and inconsistent, creating confusion ...
As of November 3 (rd) , businesses must use BRO to register for a new BN or CRA program account. BRO is an online application that allows you to create a new BN, register for CRA program accounts, or ...
Other measures include a 'super-reduction' to Canada's marginal effective tax rate and further automating traveller screening ...
The Canada Revenue Agency (CRA) is moving forward with plans to expand its automated tax filing process, ensuring that low-income Canadians receive the benefits they're entitled to. During a press ...
According to internal records obtained by the CBC’s the fifth estate and Radio-Canada, the $4.99-million transaction went ...
The prescribed rate will remain at 3% in the first quarter of 2026, and interest on overdue tax will remain at 7%, based on Government of Canada three-month Treasury Bill yields through October.
A new report has revealed major service failings at the Canada Revenue Agency and a body representing tax filing preparation and software firms says it is not surprised.
Aaron Broverman is the Managing Editor of Forbes Advisor Canada. He has almost 20 years of experience writing in the personal finance space for outlets such as Bankrate, Bankrate Canada, ...
Compared to most Canadians, John Tavares makes a lot of money. The 34-year-old is in the final season of a seven-year, $77-million deal he signed with the Toronto Maple Leafs in 2018. Before that, he ...