Attendant care costs can be complicated, as they can be claimed as medical expenses, or sometimes as disability supports deductions. The $10,000 limit for attendant care as medical expenses is per paying individual, not per patient, which makes cost sharing[…]
The increase in the Saskatchewan small business rate from 1% to 2% is delayed until June 30, 2025, resulting in a change to the non-eligible dividend tax credit rate. Newfoundland & Labrador's small business tax rate for 2024 is reduced[…]
Learn about the , deductible expenses, renting below FMV, rental losses, change in use of your home, capital vs expense, motor vehicle expenses, foreign rental property, and more.
Life in the Tax Lane | Report the sale of your principal residence! | Rental property expenses and issues | Tuition credits and transfers | Attendant care costs | 2024 corporate income tax rates | RRSP home buyers' plan |[…]
Recent Tax Changes
2021 Updates coming soon
Contact us for more information on these new tax deductions and be sure to bring us your T1 tax return for completion.