Category: Tax Alerts

Back to School Tax Tip #4

Non-Refundable Tax Credits The most common post-secondary non-refundable tax credits that apply to students are interest paid on student loans, the tuition, education and textbook amounts, the public transit amount, and the Canada employment amount. Transferable Credits The student has… {Read more}

Back to School Tax Tip #1

The most common deductions that apply to students are moving expenses and child care expenses. Moving Expenses You can deduct moving expenses if you move to attend courses as a full time student or if you moved to start a… {Read more}

Foreign Employers in Canada

Employers resident in another country who have employees in Canada (either resident or non-resident in Canada) are responsible for collecting; income taxes Employment Insurance (EI) premiums, except when – it appears that, because of the laws of the foreign country,… {Read more}

Government’s Low-Tax Plan

Halifax, Nova Scotia, Ontario, May 20, 2013… The Honourable Gail Shea, Minister of National Revenue and Minister for the Atlantic Canada Opportunities Agency, today announced that Canadian families are receiving significant tax refunds as a result of the low-tax measures… {Read more}