Tax

Nova Scotia indexes its tax brackets

Provincial budget states the move will save taxpayers $160 million a year by 2028

By Michael Tutton, The Canadian Press and more |March 1, 2024

4 min read

What happens if a mutual fund trust loses its status?

The rare occurrence can affect eligibility for registered plans, but there’s relief for temporary situations

By Melissa Shin |February 27, 2024

3 min read

CRA announces prescribed rate for Q2

Agency confirms the interest rate Canadians must pay on overdue tax will remain 10%

By Rudy Mezzetta |February 21, 2024

2 min read

$5.2 billion in home office expenses claimed last tax season

CRA has indicated that employees who worked from home in 2023 by choice can claim employment expenses

By Rudy Mezzetta |February 21, 2024

3 min read