Our Financial and Tax Related Blog
Stay up to date with recent information, tips, and CRA announcement regarding personal, corporate and business taxes
Canada GST Credit Is Now Doubled
Canada GST Credit Is Now DoubledThe government of Canada has doubled the Goods and Services Tax (GST) credit for half ayear in order to diminish the impact of inflation and make life more affordable forapproximately 11 million Low-income Canadians. Canadians who...
UPDATES ON CEBA
The government of Canada provided $149 billion to 900,000 small businesses and NFPs fromApril 9, 2020, to June 30, 2021.The repayment deadline for CEBA loans to qualify for partial loan forgiveness of up to 33 percent which is $20,000 has been extended from December...
Automatic Canada Workers Benefit payments begins
Canadians have been struggling with rising inflation and fighting to cope with therising cost of essential goods and services.Since yesterday, Canadians eligible for the enhanced Canada Workers Benefit(CWB) began receiving the first of three automatic advance payments...
CANADA DENTAL BENEFIT
The Government of Canada is going to introduce a new benefit plan called CANADADENTAL BENEFIT. Eligible families earning less than $90,000/Y having children under12 years of old and do not have access to private dental insurance plan would get a tax-free payment of...
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Canada GST Credit Is Now Doubled
Canada GST Credit Is Now DoubledThe government of Canada has doubled the Goods and Services Tax (GST) credit for half ayear in order to diminish the impact of inflation and make life more affordable forapproximately 11 million Low-income Canadians. Canadians who...
UPDATES ON CEBA
The government of Canada provided $149 billion to 900,000 small businesses and NFPs fromApril 9, 2020, to June 30, 2021.The repayment deadline for CEBA loans to qualify for partial loan forgiveness of up to 33 percent which is $20,000 has been extended from December...
Automatic Canada Workers Benefit payments begins
Canadians have been struggling with rising inflation and fighting to cope with therising cost of essential goods and services.Since yesterday, Canadians eligible for the enhanced Canada Workers Benefit(CWB) began receiving the first of three automatic advance payments...
CANADA DENTAL BENEFIT
The Government of Canada is going to introduce a new benefit plan called CANADADENTAL BENEFIT. Eligible families earning less than $90,000/Y having children under12 years of old and do not have access to private dental insurance plan would get a tax-free payment of...