CRA Is Now Offering Online Payment Services
Posted on 03. Dec, 2009 by Phil Hogan.
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It’s been a long time coming, but The Canada Revenue Agency is now offering electronic payments for individuals and businesses.
Their new MyPayment system allows individuals to pay personal tax installments and balances as well as allowing businesses to pay the following accounts:
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Home Renovation Tax Credit – What Qualifies?
Posted on 23. Nov, 2009 by Phil Hogan.
On January 27th, 2009 Jim Flaherty, Federal Finance Minister announced the introduction of the Home Renovation Tax Credit. The non-refundable tax credit is calculated at 15% of eligible expenses over $1,000 to a maximum of $10,000. The maximum Home Renovation Tax Credit one could receive would be $1,350 e.g. $9,000 x 15%.
Only expenses incurred between [...]
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