Tax Updates

Details

Published: 17 April 2024

On April 16, 2024, the Deputy Prime Minister and Finance Minister, the Honourable Chrystia Freeland, presented Budget 2024 – Fairness for Every Generation, to the House of Commons.  No changes were made to personal or corporate tax rates.  Please see the following document for the complete details: 2024 Federal Budget Commentary

Details

Published: 29 March 2023

On March 28, 2023, the Deputy Prime Minister and Finance Minister, the Honourable Chrystia Freeland, presented Budget 2023 – A Made-in-Canada Plan: Strong Middle Class, Affordable Economy, Healthy Future, to the House of Commons.  Please see the following document for the complete details: 2023 Federal Budget Commentary

Details

Published: 17 March 2023

Should a Balance Owing need to be paid to CRA after your personal taxes have been prepared, there are four options available from which you may choose your one preference:

Option 1: Pay online or by phone using a Canadian financial institution's services.

Option 2: Pay online at canada.ca/cra-my-payment.

Option 3: Pay online by setting up a pre-authorized debit agreement at canada.ca/my-cra-account.

Option 4: Pay in person with your remittance voucher at your Canadian financial institution or, for a fee, at a Canada Post retail outlet (cash or debit only). Please request your personalized remittance voucher from our office should you wish to use this option. It contains a QR code with all the information required to pay in person at one of these locations.

For more information on how to make a payment, go to canada.ca/payments.

Details

Published: 14 March 2023

The UHT imposes a tax on residential real estate that is vacant or underused.  Intended to target property owned by non-Canadians, it may affect certain Canadian entities and individuals.  Please see this document for further details: Underused Housing Tax