Using an app or website to earn income? Here’s what you need to know about the Reporting Rules for Digital Platform Operators You may be affected by Canada’s new Reporting Rules for Digital Platform Operators if you use digital platforms to earn income. These rules have been implemented to increase transparency and support compliance in …
Earlier this year, the Canada Revenue Agency (CRA) introduced the Simplified northern residents travel deduction, a pilot project with the goal of making it easier for eligible northern residents to provide the necessary information in their claim and access the deduction. Now, they are taking steps to collect feedback and identify more ways to improve the …
Share your thoughts to help improve the Simplified northern residents travel deduction Read More »
As a student, you may have many questions about taxes. It might even be your first time filing an income tax and benefit return, and that’s okay! We’re here to make tax-filing easier and to make sure you receive the benefits and credits you may be entitled to.
If you filed on paper last year, the CRA should mail you the 2022 income tax package. You should receive your package by February 20, 2023. Others who want to file on paper can: order or download forms online at canada.ca/cra-forms order forms by calling the CRA at 1-855-330-3305 starting January 24, 2023 Deadline for filing …
Filing your taxes by paper? here’s what you need to know Read More »
Canada Revenue Agency (CRA) and Employment and Social Development Canada (ESDC) are launching formal consultations as part of a large scale ePayroll reporting solution project. From December 6, 2022 until January 27, 2023, CRA and ESDC will consult with employers, stakeholder groups, payroll software and service providers, to identify challenges they currently face with payroll …
The interim Canada Dental Benefit is intended to help lower dental costs for eligible families earning less than $90,000 per year. Parents and guardians can apply if the child receiving dental care is under 12 years old and does not have access to a private dental insurance plan. A tax-free payment of $260, $390, or …
CRA’s DAC 2022 annual report includes 10 recommendations for potential improvements to the disability tax credit (DTC) and its administration.
The report recognizes the progress the CRA has made to improve its services for people with disabilities, including:
– legislative changes to the eligibility for the DTC under the categories of mental functions and life-sustaining therapy
– launch of a digital DTC application to make the application process simpler for both medical practitioners and individuals
– a Navigator to support people with more complex situations in completing their applications
The maximum pensionable earnings under the Canada Pension Plan (CPP) for 2023 will be $66,600—up from $64,900 in 2022. The new ceiling was calculated according to a CPP legislated formula that takes into account the growth in average weekly wages and salaries in Canada. For a more detailed guideline, please click the “Learn More” button …
Canada Revenue Agency announces maximum pensionable earnings for 2023 Read More »
During Small Business Week 2022, the Canada Revenue Agency (CRA) is celebrating small businesses and recognizing their contributions to the growth of our economy. The Agency is working hard, every day, to improve its services. They know that businesses are still facing continuing challenges since the onset of the pandemic. CRA is here to help. To …
On September 24 and 25, 2022, Hurricane Fiona swept through Atlantic Canada and part of Quebec, causing heavy rain and high winds. Impacts included flooding, road washouts, downed trees, utility outages, and damage to coastal infrastructure. This widespread damage is having a devastating impact on many businesses and Canadians residing in these areas. The Canada Revenue Agency (CRA) …
Support for Canadians affected by Hurricane Fiona Read More »
