Blog:CRA News

BC Renter’s Tax Credit for 2023

BC Renter’s Tax Credit for 2023

Beginning the tax year 2023, the British Columbia (B.C.) government has introduced a new tax credit for renters to help individuals and families with housing expenses. The BC Renter's Tax Credit is designed to provide financial relief to low- and moderate-income...

CRB & 3 New Benefits are Introduced

CRB & 3 New Benefits are Introduced

CRB & 3 New Benefits are Introduced: Bill C-4 passed in the House of Commons Wednesday, September 30th with unanimous approval. The Canadian Emergency Response Benefit (CERB) is no longer available as of September 26th is now replaced by the Canada Response...

CRA Opens Applications for Enhanced CEWS

CRA Opens Applications for Enhanced CEWS

CRA Opens Applications for Enhanced CEWS It has been announced that CRA has enhanced the Canada Emergency Wage Subsidy. The CEWS has been extended to November 21, 2020. It has also increased eligibility for employers who have experienced a revenue drop. The amount of...

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