Exciting news in the tax world--the Government of BC announced yesterday. A BC PST Rebate for select machinery and equipment. Detailed information is not yet available. When an incorporated business purchase or lease certain machinery and equipment between September 17, 2020 and …
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What you need to know if you bought or sold a property
When you buy If you bought or built a property in 2019, you may be able to: Claim $5,000 on your tax return – You may be able to claim $5,000 on your tax return with the home buyers' amount if you recently bought a qualifying home. To claim it, you must not have lived in …
What to expect when the Canada Revenue Agency contacts you
Scammers posing as Canada Revenue Agency (CRA) employees continue to contact Canadians, misleading them into paying false debt. These persistent scammers have created fear among people who now automatically assume that any communication from someone representing the CRA is not genuine. This tax tip …
