Our Financial and Tax Related Blog
Stay up to date with recent information, tips, and CRA announcement regarding personal, corporate and business taxes
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...
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...
$1.4 billion worth of cheques un-cashed!!
Canada Revenue Agency (CRA) is going to send e-notifications about uncashedcheques to 25000 Canadians this month, another 25000 in this Novermber followed by25000 more in May 2023.CRA has approximately $1.4 billion worth of uncashed cheques in its coffers that...
CANADA DIGITAL ADOPTION PROGRAM
In the digital age, it's crucial for consumer-facing businesses to develop and implement e-commerce capabilities to remain competitive. The adoption of digital technologies enables businesses to serve existing customers more effectively and to attract new customers in...
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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...
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...
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