ccb

When You Owe the CRA Money

2018-07-25T15:11:56+00:00

Debts the Canada Revenue Agency collects The Canada Revenue Agency (CRA) collects amounts owing such as: individual income tax payroll deductions GST/HST remittances corporation income tax customs, excise, and other levies benefit overpayments including: Canada child benefit GST/HST credit The CRA also collects the following amounts owed for other government

When You Owe the CRA Money2018-07-25T15:11:56+00:00

Why Have Your Benefit and Credit Payments Changed?

2018-07-04T15:10:30+00:00

Each summer, following the tax filing season, the Canada Revenue Agency (CRA) uses information from an individual’s income tax and benefit return, along with the return of their spouse or common-law partner, to calculate benefit and credit payments for the upcoming year. Starting in July, eligible benefit and credit recipients

Why Have Your Benefit and Credit Payments Changed?2018-07-04T15:10:30+00:00

Tax-Free Canadian Income

2018-01-17T15:33:48+00:00

Almost all income you earn in Canada is considered taxable income.  However, the Canadian government has deemed some income as exceptions to the taxable rule. You do not have to report certain amounts in your income, including the following: any GST/HST credit and Canada Child Benefit payments, including those from related provincial or territorial programs; child assistance payments and

Tax-Free Canadian Income2018-01-17T15:33:48+00:00

The Tax-Free Child Disability Benefit

2018-01-10T14:22:48+00:00

The Child Disability Benefit (CDB) is a tax-free benefit for families who care for a child under age 18 who is eligible for the Disability Tax Credit  (DTC). Not all children with a disability qualifies for the CDB.  To be eligible for the Child Disability Benefit, the child must have a severe and prolonged

The Tax-Free Child Disability Benefit2018-01-10T14:22:48+00:00

Amounts That Are Not Taxable

2017-09-06T15:51:49+00:00

You do not have to report certain amounts in your income, including the following: any GST/HST credit, Canada Child Benefit, or Canada child tax benefit payments, including those from related provincial and territorial programs; compensation received from a province or territory if you were a victim of a criminal act or a motor vehicle accident; most lottery winnings; most gifts

Amounts That Are Not Taxable2017-09-06T15:51:49+00:00

Expecting a baby? Find Out How it Affects Your Family’s Taxes

2017-05-31T14:08:38+00:00

Congratulations! If you have a new baby or a baby on the way, there are many benefits and credits you may be eligible to receive, and tax changes to consider. Apply for child benefits With the Automated Benefits Application (ABA), you can automatically apply for child benefits when registering the birth of your

Expecting a baby? Find Out How it Affects Your Family’s Taxes2017-05-31T14:08:38+00:00

How to Save You Family Money at Tax Time

2017-04-12T15:19:04+00:00

Raising a family can be expensive, but there are many benefits, credits, and deductions that can help your family with costs during the year. They could even lower the amount you owe at tax time! However it is important to file on time if you want your credits. Check out these potential savings:  Canada

How to Save You Family Money at Tax Time2017-04-12T15:19:04+00:00

More Money with the New Canada Child Benefit

2016-07-20T12:52:22+00:00

The federal government will be rolling out the new Canada Child Benefit (CCB) on July 20, 2016.  The program is intended to put more money in the hands of families, and the federal government anticipates that under this new child benefit package most families will receive higher payments than under the old Universal Child Care

More Money with the New Canada Child Benefit2016-07-20T12:52:22+00:00