Canadian tax

A person shopping in a grocery store and looking at her receipt, which will be easier to pay with the Canada Groceries and Essentials Benefit

Federal Government proposes new Canada Groceries and Essentials Benefit

The federal government has announced a new package of tax and support measures aimed at helping Canadians manage the cost of groceries and other essential items, while also providing targeted assistance to businesses facing supply chain pressures and trade uncertainty. At the centre of this announcement is the Canada Groceries and Essentials Benefit, a redesigned […]

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Canada Revenue Agency tax form with amount owing of more than $10,000

Changes coming to tax payments to Canada Revenue Agency of more than $10,000

Starting January 1, 2024, taxpayers will be required to remit tax payments over $10,000 to the Canada Revenue Agency electronically or be assessed a penalty of $100 per payment. There are several electronic options available. Most Canadian banks provide a full range of electronic payment options to CRA, including personal tax, corporate tax, payroll, GST/HST,

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