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Tax News
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Nova Scotia 2023 Budget - March 23, 2023
No personal or corporate income tax changes, other than expansion of the More Opportunity for Skill Trades (MOST) program to include registered nurses, licensed practical nurses, and nurse practitioners who work for publicly funded employers.
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Ontario 2023 Budget - March 23, 2023
No personal or corporate income tax changes; New 10% Ontario Made Manufacturing Investment Tax Credit; Gas and fuel tax cuts extended; GAINS program to be expanded, indexed for inflation; and a few other changes.
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BC Refundable Home Reno Tax Credit
For seniors, and persons with disabilities or family they live with, up to $1,000 refund for eligible expenditures to enable access, improve mobility, or reduce the risk of harm.
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Federal Underused Housing Tax (UHT) - This Affects Canadians Also
Our article now has more information on interpreting the UHT and filing the form. CRA has announced penalties and interest will be waived if returns filed/tax paid by Oct 31, 2023.
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Federal 2023 Budget - March 28, 2023
No plans to balance the budget in the next 5 years; Several personal tax measures; Many #business tax measures; See our summary info with links to the detailed info in the budget.
