Due to the COVID-19 pandemic, the majority of employees are working at home. Many of our clients have asked whether they can claim their home office on next year’s income tax return.
The Federal government recently announced the CERB, Canada Emergency Response Benefit, to provide income assistance to Canadians during this unprecedented time. Unlike your regular paycheque though, income tax will not be withheld by the government. What does this mean? A year from now, when you file your 2020 income tax return you will owe income […]
Have You Gone Digital? You could save on Taxes! There is a new non-refundable digital tax credit that will be available on the 2020 to 2024 income tax returns.
Posted by Enoch Omololu | Updated on Apr 24, 2019 The 2019 tax filing season will soon be here and if last years timeline is anything to go by, it will kick off around the third week of February 2019. The tax-filing deadline for most Canadians (for the 2018 tax year) is on April 30, 2019. For those […]