TAXES FOR INTERNATIONAL STUDENTS IN CANADA
If you are an international student in Canada, it is important that you understand the Canada Tax System, know what your rights and...
CANADA’s TOP FIVE (5) TAX BENEFITS
I. CANADA CHILD BENEFIT (CCB) The Canada child benefit (CCB) is a tax-free monthly payment made to eligible families to help with the...
EMPLOYER HEALTH TAX and COVID-19 UPDATES
WHAT IS THE EMPLOYER HEALTH TAX (“EHT) Employer Health Tax (EHT) is a payroll tax on remuneration paid to employees and former employees...
REGISTERED RETIREMENT SAVING PLAN (“RRSP”)
WHAT IS A RRSP? A Registered Retirement Savings Plan (RRSP) is a retirement account that’s existed since 1957. RRSPs were introduced by...
ALL ABOUT TAX-FREE SAVING ACCOUNT
WHAT IS A TAX- FREE SAVING ACCOUNT (“TFSA”)? Individuals who are 18 years of age or older and who have a valid Social Insurance Number...
RENTAL INCOME VS BUSINESS INCOME
WHAT IS THE DIFFERENCES BETWEEN RENTAL INCOME and BUSINESS INCOME: Income from a business and income from property are subject to...
