The Canada Revenue Agency (CRA) uses a variety of tools and methods to identify non-compliance and take action to address tax cheating, as well as to correct honest mistakes.
Category: Tax Alerts
Ontario Harmonized Sales Tax (HST)
The 8% Ontario sales tax and the 5% GST are being combined into a single 13% value-added sales tax that will be federally administered, starting July 1, 2010.
PST Compensation to Businesses
In Ontario vendor compensation under the RST system will end for filing periods
Claiming Automobile Expenses
One of the more common expenses claimed by taxpayers are automobile expenses.
Missing the Filing Deadline Could Mean Missing Out on Credits and Benefits
Did you know that even if you don’t owe taxes, you should file your 2009 income tax return by April 30, 2010 to be eligible for some tax credits and benefits.
Tips For Self-employed Individuals
Are you self-employed? If so, you have until midnight on June 15, 2010, to file your 2009 income tax and benefit return.
Filing deadline: Mark your calendars
Did you know that if you don’t file your 2009 income tax and benefit return by the deadline, you may face a penalty?
Tax Savings For Tradespersons
Did you know that being a tradesperson may make you eligible for certain deductions?
Canada Announces tax relief measures
Canadians participating in relief efforts or affected by natural disasters, who are unable to
The magic of magnetic ink: photocopies just don’t compute
Did you know that the slips that come with your statements (remittance vouchers) are printed with a special magnetic ink that allows them to be processed through the Canadian banking system?