Here is the tax updates from CRA for 2018 (tax year of 2017) New and improved credits Canada caregiver credit – This non-refundable tax credit replaces the family caregiver credit, the credit…
What’s new from CRA …. Individuals and families Canada child benefit (CCB) – As of July 2016, the CCB has replaced the Canada child tax benefit (CCTB), the national child benefit…
Individuals and families Universal child care benefit (UCCB) – The UCCB has increased to $160 per month for each qualified dependent under 6 years of age and there is a new…
CRA reminds us of the following changes in 2014 tax year: Children’s fitness amount – Under proposed changes, the maximum amount of eligible fees for each child has increased to $1,000. Search…
Effective for 2014 Tax year, the following changes apply to individual and family. 1. New changes to T1135 “Foreign Income Verification Statement” a) Canadian resident individuals, corporations, and trusts that, at any…
