News

If you are an employer and offer taxable benefits to your employees or workers, please review the January 1, 2023, updates to taxable benefits policies on gifts, awards, long-service awards, social events, hospitality functions, and parking. A summary is provided...

The Canada Revenue Agency is now accepting grant applications from community organizations that offer free tax clinics through the Community Volunteer Income Tax Program (CVITP) and the Income Tax Assistance – Volunteer Program (ITAVP) in Quebec. Eligible...

Each year, the Canada Revenue Agency (CRA) monitors how many people have filed their tax returns, so that we can work to adjust our services according to your needs. As of May 9, 2023, 27.6M tax returns have been received, representing a 3.4% increase from last year....

On July 5, 2023, the Grocery Rebate payment will deliver $2.5 billion in financial support to approximately 11 million eligible Canadians and families. In Budget 2023, the Government of Canada introduced the Rebate as a targeted inflation relief measure to help make...

Millions of Canadians file their income tax and benefit returns every year. For the 2022 tax-filing season, Canadians filed approximately 31 million returns and 92% of them were filed electronically. Also, there were over 17 million refunds processed, resulting in a...

What is the gig economy?   The gig economy is based on temporary and freelance work, or short-term contracts. As a gig worker, your contract services may range from a small task to a highly specialized service. If you are connecting with clients through online...

The Canada Revenue Agency (CRA) is committed to informing businesses of their different tax obligations. Please join us on Wednesday March 29, 2023, for our free webinar: GST/HST Filing responsibilities for businesses, where we will provide information to businesses...

The Canada Revenue Agency (CRA) is always on the lookout for ways to make our digital services  more simple, secure, and accessible to all Canadians. On February 6, 2023, we launched My Trust Account, a secure portal for legal representatives and authorized...

Scammers posing as the Canada Revenue Agency (CRA) continue their attempts to trick you into handing over money or personal information. Know what to expect when the CRA contacts you so you can tell the difference between legitimate communications from the CRA, and...

What is cryptocurrency? A cryptocurrency is a type of virtual asset that is protected using cryptography. It typically uses a system called a blockchain to record and keep a history of transactions. Cryptocurrencies, such as Bitcoin and Ether, are independent, meaning...