Tag: Taxes
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Federal Budget 2025: What’s Changing for Your Personal Taxes:
The latest federal budget includes a few personal tax changes that could impact many Canadians over the next few years. Here’s a quick overview of what’s coming. Personal Support Workers Tax Credit (new) Starting in 2026, personal support workers employed by approved health-care organizations may qualify for a new refundable tax credit worth 5% of Read more
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Automatic Tax Returns Coming Soon? What the 2025 Federal Budget Proposed
The 2025 Federal Budget introduced a proposal that could make tax season a little easier for some lower-income Canadians – automatic tax filing. Under this plan, the Canada Revenue Agency (CRA) could automatically prepare and file a tax return for individuals who meet certain criteria. This would mainly apply to people with simple tax situations Read more