More government cheques are on the way this spring, providing a financial boost for eligible individuals, including students ...

You can view the status of your application through the progress tracker in your CRA account. The disability tax credit (DTC) is a non-refundable tax credit that helps people with disabilities, or ...

According to a National Disability Institute report (available here), adults living with disabilities need 28% more income on ...

The earned income tax credit (EITC) is a federal tax break for low- and moderate-income workers with or without children. Also known as the earned income credit (EIC), the amount you get depends ...

This means that the company receives a tax credit from the Canada Revenue Agency (CRA) for paying dividends ... it is necessary to gross up each amount at the applicable tax rate.

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 ...

If the CRA considers it business use, they’ll tax you accordingly. When you contribute to your Registered Retirement Savings Plan, or RRSP, your taxable income is reduced by the same amount for ...

A Canada PRO deposit in your bank account means you've received a child and family benefit payment from the CRA ... Tip Each tax credit program in the OTB has a maximum payment amount that ...

Eligibility for the DTC can go back a maximum of 10 years from the date the CRA received the application. For information on how to claim the DTC amount, read Claiming the credit – Disability tax ...

It usually encourages you to save by offering a small amount ... CRA for a tax benefit that is the major incentive for opening them in the first place. Registered accounts usually have an annual ...