Category: Tax Alerts

2010 Tax System Indexation

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%.

Long-distance medical expense

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.

Go to CRA, before they go to you

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.