CRA Information

The Government of Canada has announced a call for applications for new members for the Independent Advisory Board on Eligibility for Journalism Tax Measures (Advisory Board). The Advisory Board is an independent body whose mandate is to: provide an independent assessment and a non-binding recommendation to the Minister of National Revenue (Minister) as to whether …

The Government of Canada has announced a call for applications for the Independent Advisory Board on Eligibility for Journalism Tax Measures Read More »

Budget 2023 announced two sets of tax rules to consider where owners transfer their businesses to family members and employees.

On September 14, 2023, the Prime Minister announced that the government will introduce legislation to enhance the Goods and Services Tax (GST) Rental Rebate on new purpose-built rental housing, to incentivize construction of much-needed rental homes for Canadians. To build more rental housing, the removal of GST will apply to new purpose-built rental housing, such …

Enhanced GST Rental Rebate to build more apartments for renters Read More »

The Canada Revenue Agency (CRA) and the Workplace Safety and Insurance Board (WSIB) are giving Ontario businesses a new option to pay their WSIB premiums. Ontario businesses with a business number can now report their insurable earnings and make WSIB account payments through their CRA My Business Account.  Learn More

The CRA would like to remind you that it has resumed debt recovery activities; here’s how it may impact your benefit, credit, and refund payments

What is the sharing economy? In the sharing economy, individuals and businesses share their assets with others for a price. Arrangements are generally made using online platforms through a third party, or using a website or an application (app). The sharing economy can take a variety of forms, such as: Transportation: ridesharing, rentals of bikes, …

Do you work in the sharing economy? Here’s what you need to know Read More »

Scammers posing as the Canada Revenue Agency (CRA) continue their attempts to trick you into handing over money or personal information. Know what to expect when the CRA contacts you so you can tell the difference between legitimate communications from the CRA, and scams. Learn More

The protection of taxpayer information is of the utmost importance for the Canada Revenue Agency (CRA).

Tax season is upon Ontario residents and the Canada Revenue Agency (CRA) is getting ready to answer questions from taxpayers and make it easier and quicker for them to file their 2022 income tax and benefit return.

Millions of Canadians file their income tax and benefit returns every year. For the 2022 tax-filing season, Canadians filed approximately 31 million returns and 92% of them were filed electronically. Also, there were over 17 million refunds processed, resulting in a total amount of $37 billion!

We know that having the information you need on hand makes filing easier. Below, you’ll find what you need to know for this year, including what’s new.