News Room

Disability Tax Credit Certified Impairments: Survey Says “No”

The federal government has made its intentions clear that there will be an expansion of those who are eligible to certify an individual for the Disability Tax Credit. Our May poll results are in. 83% of our readers voted against allowing public trustees, guardians and departments supporting Indigenous Services to certify impairments for the Disability Tax Credit.

Do Passive Investments in a CCPC Still Make Sense?

The federal government is on the hunt for new tax revenue from Canada’s small businesses, mainly because of an erosion of the personal tax base and a significant shift of taxable income to the corporate tax base instead.

July Poll Results: It’s (Almost) Unanimous!

In July, we asked you to vote on the following question: Does CRA do enough to ensure Canadians understand income tax and GST/HST implications of flipping personal residences? (For example, taxable dispositions require repayment of new housing rebates.)

Something New for Teachers: A School Supplies Tax Credit

We may be in the dog days of summer, but before you know it teachers will be planning for the fall of 2017, and in the process may be spending their own money to buy new school supplies.

Marriage Breakdown? Who Claims the Tax Credits?

The Canada Child Benefit (CCB) and Goods and Services/Harmonized Sales Tax Credit (GSTC) are both calculated based on net family income from the prior tax year.

Life Purpose

"Move fast and break things. Unless you are breaking stuff, you are not moving fast enough."  —Mark Zuckerberg

Hurry, Summer will soon be over — and so will the savings!

There has never been a better time to register for your summertime learning! Register before September 15 to save on tuition.
 
 
 
Knowledge Bureau Poll Question

According to CRA, Canadians experience improved service delivery and responsiveness from the CRA this tax season Do you agree?

  • Yes
    2 votes
    8%
  • No
    23 votes
    92%