Budget 2021 proposes to amend the Income Tax Regulations to allow issuers of T4A (Statement of Pension, Retirement, Annuity and Other Income) and T5 (Statement of Investment Income) information returns to provide them electronically without having to also issue a paper copy and without the taxpayer having to authorize the issuer to do so.
This measure will apply in respect of information returns sent after 2021.
Deductions, credits and expenses related to employment Line 21200 – Annual union, professional or like dues Find out which union or professional dues related to your employment income can be deducted
What is the Canada caregiver credit? Do you support a spouse or common-law partner, or a dependant with a physical or mental impairment? The Canada caregiver credit (CCC) is a non-refundable tax credi
Applicants can now complete Part A of the DTC application using the new digital form. The disability tax credit (DTC) is a non-refundable tax credit that helps people with disabilities, or their suppo