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15 thg 1, 2025 · This tax season, the Canada Revenue Agency (CRA) has simplified its sign-in process, making it easier to access the My Account, My Business Account, and Represent a Client portals with a single sign in.
9 thg 7, 2025 · NETFILE service in tax software that allows most people to submit a personal income tax return electronically to the Canada Revenue Agency.
24 thg 2, 2025 · “Tax season has officially started! Regardless of your situation, it is important to file your tax return. This will allow you to receive the benefits and credits to which you are entitled, such as the GST/HST credit, the Canada Child Benefit, or the Canadian Dental Care Plan. Several tools are available to help you, and our teams at the Canada Revenue Agency are …
25 thg 6, 2024 · Tax slip adjustments for trusts and certain other entities As a result of the change to the effective date of the proposed capital gains inclusion rate increase, the information to be reported on certain tax slips – primarily the T3, T4PS and T5008 (book value) – needs to be recalculated to ensure taxpayers receive accurate information.
15 thg 8, 2025 · Today, the Minister of Finance and National Revenue, the Honourable François-Philippe Champagne, released for consultation draft legislative proposals that would implement a range of previously announced and other tax measures, including measures that would: Today, the Minister of Finance and ...
The Canada Revenue Agency (CRA) administers tax laws for the government, providing contacts, services, and information related to payments, taxes, and benefits for individuals and businesses.
A notice of assessment (NOA) is the summary of the calculated amounts for your income tax and benefit return. The Canada Revenue Agency (CRA) sends you these results after receiving your tax return. The CRA will only send you a notice of reassessment (NOR) if changes are made to your assessed tax ...
It’s never been easier to do your taxes online. In fact, online filing gets you access to the benefits, credits, and refunds you may be eligible for even faster! Last year, approximately 93% of Canadians filed their income tax and benefit returns online …
1 thg 3, 2024 · How much tax will I pay on my retirement lump sum withdrawals? From age 55, you can take up to one-third of your retirement fund (Retirement Annuity, Company Pension Fund or Preservation Fund) as a cash lump sum.
27 thg 5, 2025 · The middle-class tax cut would reduce the tax rate that is applied to the first $57,375 (in 2025) of an individual's taxable income, regardless of their income level. As shown below, the bulk of total tax relief will go to those with incomes in the two lowest tax brackets, including nearly half to those in the first bracket.
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