Planning for retirement can be a complex and overwhelming process, especially when it comes to navigating the intricacies of registered retirement plans in Canada. With so many options and rules to consider, it’s no wonder that many Canadians are unsure of how...
Are you an international student studying in Canada, or are you preparing to be one by this fall? Then this is for you. As an international student and resident, you may have to file a Canadian income tax return, especially if you pick up a job or two. In Canada, your...
Filing your income tax and benefit return even if you earned no income to report can open the doors to you for benefits and credits like the Goods and Services Tax/Harmonized Sales Tax (GST/HST) credit. WHAT IS GST/HST CREDIT? It is a non-taxable amount paid four...
Do you live and work in Canada? Are you an immigrant, international student, or newcomer to Canada? Do you want to receive credits and benefit payments from the government? If yes, then you have to pay taxes. Basically, if you are residing in Canada, you are...
Did you know there are deductions you’re eligible to claim to help you save money when paying taxes as a business owner? That’s right! The Canadian Revenue Agency, CRA, has approved certain tax deductions for small businesses. Just so you know, a tax...