Our year end tax planning newsletter

There has been an extension to repay the CEBA loan, from December 31, 2023, to January 18, 2024.

Please find our 2023 Quarter 4 newsletter here.

There has been an extension to repay the CEBA loan, from December 31, 2023, to January 18, 2024.

A registered education savings plan (RESP) is a contract between an individual (the subscriber) and a person or organization (the promoter). This is typically a bank or credit union.

Please find our 2023 Quarter 3 newsletter here.

The Canada Revenue Agency (CRA) provides the Disability Tax Credit (DTC) for eligible taxpayers that are affected by a variety of medical conditions and situations that require more time to complete daily functions than on average.

This year there is also now another tax return for some that will need to be filed, called the Underused Housing Tax (UHT). This was originally due for filing on April 30, 2023. However, the Canada Revenue Agency (CRA) has extended the deadline to waive Interest and penalties if filed by October 31, 2023.