The ceiling on the capital cost of passenger vehicles for capital cost allowance (CCA) purposes remains at $30,000 (plus applicable federal and provincial sales taxes) for pur-chases after 2002.
On January 1, 2010, all indexed personal income tax amounts, including tax bracket thresholds and amounts used to calculate non-refundable tax credits, were adjusted by 0.6%.
The Government of Canada announced that the Canada Pension Plan (CPP) is financially sound at least for the next 75 years at the currently legislated 9.9% contribution rate.
Do you know that starting January 2010, self-employed people can pay EI premiums on a voluntary basis, and qualify to receive certain EI benefits
If you or a family member has to travel to get medical treatment that is not available where you live, you may be able to claim transportation or travel costs for the patient as a medical expense.
Minister of Finance announced the automobile expense deduction limits and the prescribed rates for the automobile operating expense benefit in 2010
The Canada Revenue Agency (CRA) wants to make you aware of the Voluntary Disclosures Program (VDP) as they move forward to aggressively address non-compliance internationally and domestically.
Did you know that you may be able to take advantage of new incentives or changes to existing credits, deductions, benefits, and services when filing your 2009 return?
Important Information for Employers The Government of Canada made some modifications
If you move within Canada to start a new job or business, your moving expenses are