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Tag: CRA

$2,200 OAS Increase In 2025 – Direct Deposit Dates And Eligibility Updates
January 11, 2025January 11, 2025Personal FinanceBy Minnie

$2,200 OAS Increase In 2025 – Direct Deposit Dates And Eligibility Updates

Recent discussions have emerged regarding a potential $2,200 increase in Old Age Security (OAS) payments for Canadian seniors in 2025. While the […]

CRA Confirms $2,166 Pension Benefit for January 2025: Eligibility Criteria and Payment Information Revealed
January 8, 2025January 8, 2025Personal FinanceBy Sharon

CRA Confirms $2,166 Pension Benefit for January 2025: Eligibility Criteria and Payment Information Revealed

Retirement planning can often seem daunting, especially when trying to understand the pension benefits you’ll receive. As January 2025 approaches, the Canada […]

CRA FTC Payment 2024: Tips to Save Money and Lower Your Tax Burden
January 7, 2025Personal FinanceBy Sharon

CRA FTC Payment 2024: Tips to Save Money and Lower Your Tax Burden

The Canada Revenue Agency (CRA) provides a range of federal tax credits to assist Canadian businesses in reducing their tax liabilities and […]

CRA Forgives $2.5 Billion in Penalties and Interest on Federal Vacant Home Tax
January 5, 2025Personal FinanceBy Sharon

CRA Forgives $2.5 Billion in Penalties and Interest on Federal Vacant Home Tax

The Canada Revenue Agency (CRA) has recently waived an astounding $2.5 billion in penalties and interest on the Underused Housing Tax (UHT), […]

Canada Minimum Wage 2025: Latest Updates And Provincial Breakdowns
January 3, 2025Personal FinanceBy Ashley

Canada Minimum Wage 2025: Latest Updates And Provincial Breakdowns

Starting January 2025, the minimum wage in Canada is set to increase to $17.70 per hour, offering a significant boost to low-income […]

5 Exciting New CRA Benefit Payments Arriving January 2025- Don’t Miss Out!
January 1, 2025Personal FinanceBy Kylie

5 Exciting New CRA Benefit Payments Arriving January 2025- Don’t Miss Out!

As Canadians face rising living costs, the Canada Revenue Agency (CRA) is stepping up with a new round of benefit payments in […]

CRA Implements Proposed Capital Gains Tax Increase Without Parliamentary Approval
January 1, 2025Personal FinanceBy Sharon

CRA Implements Proposed Capital Gains Tax Increase Without Parliamentary Approval

The Canada Revenue Agency (CRA) is facing significant backlash for enforcing a $17.4 billion capital gains tax hike despite the measure not […]

Complete List of Government Benefit Payments Canadians Can Receive from the CRA in 2025
December 31, 2024December 31, 2024Personal FinanceBy Sharon

Complete List of Government Benefit Payments Canadians Can Receive from the CRA in 2025

As 2025 approaches, it’s time to prepare for a new year filled with financial support programs from the Canada Revenue Agency (CRA). […]

December 30, 2024December 30, 2024Personal FinanceBy Sharon

10 Government Benefits and Credits Quebec Residents Can Claim in January

With the arrival of 2025, Quebec residents can anticipate a series of government payments designed to provide financial relief and support. From […]

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