C.D. Howe report recommends separating access to benefit programs from the filing of tax returns
Employees who worked from home due to the pandemic in 2021 can claim up to $500 in expenses under $2/day flat rate method
Minister of National Revenue's mandate letter emphasizes Covid recovery support and combating aggressive tax planning
Many pending taxation issues were not addressed in Tuesday's fiscal update, however
Completing the T1’s marital status isn’t always straightforward
The CRA also updated the RRSP dollar limit
Expense claims are possible without receipts, but it’s an uphill battle
The prescribed rate on loans to family members remains set at 1%
The party's election platform also contains various tax proposals and targets an "overly aggressive" CRA
Tax experts argue that aggressive transfers could be penalized under the general anti-avoidance rule