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It’s that time of year again when Canadians start scrambling to get their tax return filed on time. The deadline to file this year is May 1st 2017 at midnight. If you owe money, the Canada Revenue Agency (CRA) starts charging interest on the balance one day after the deadline passes. Whether you file your taxes yourself or use a …
Generally, your return for 2016 has to be filed on or before April 30, 2017. Note: If you do not file your return on time (see exception to the due date of your return), your goods and services tax/harmonized sales tax (including any related provincial credits), Canada child benefit payments (including related provincial or territorial payments), and old age security …
Every year around tax time, Canadians call the Canada Revenue Agency (CRA) with a variety of questions. You can find a number of answers online if you are registered for the CRA’s online services. The five most asked questions: 1. How do I change my address? If you’re registered for the CRA’s online services, you can change your address by …
Tax relief and spending highlight budget ahead of spring election. 1. MSP Reductions Medical Services Plan premiums will be cut in half starting, Jan. 1, 2018, for households with an annual net income of up to $120,000. The B.C. Government says the reduction will mean about two million B.C. residents will see their premiums cut in half — a savings …
