By the time most Canadians sit down to organize their various tax slips and receipts and undertake to complete their [...]
Each year, the Canada Revenue Agency (CRA) publishes a statistical summary of the tax filing patterns of Canadians during the [...]
The Old Age Security program is the only aspect of Canada’s retirement income system which does not require a direct [...]
Sometime during the month of February, millions of Canadians will receive mail from the Canada Revenue Agency (CRA). That mail, [...]
For most taxpayers, the annual deadline for making an RRSP contribution comes at a very inconvenient time. At the end [...]
The Employment Insurance premium rate for 2019 is decreased to 1.62%. Yearly maximum insurable earnings are set at $53,100, making [...]
The Quebec Pension Plan contribution rate for employees and employers for 2019 is 5.55%, and maximum pensionable earnings are $57,400. [...]
The Canada Pension Plan contribution rate for 2019 is increased to 5.1% of pensionable earnings for the year. The maximum [...]
Dollar amounts on which individual non-refundable federal tax credits for 2019 are based, and the actual tax credit claimable, will [...]
The indexing factor for federal tax credits and brackets for 2018 is 2.2%. The following federal tax rates and brackets [...]
For individual Canadian taxpayers, the tax year ends at the same time as the calendar year. And what that means [...]
Most Canadians know that the deadline for making contributions to one’s registered retirement savings plan (RRSP) comes after the end [...]
The holiday season is usually costly, but few Canadians are aware that those costs can include increased income tax liability [...]
While there weren’t a great number of tax measures included in the 2018 Fall Economic Statement brought down by the [...]
The information presented is only of a general nature, may omit many details and special rules, is current only as of its published date, and accordingly cannot be regarded as legal or tax advice. Please contact our office for more information on this subject and how it pertains to your specific tax or financial situation.
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