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Income tax


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#1 victorian fan

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Posted 31 December 2009 - 03:51 PM

Happy New Year, here's a tax break

TIMES COLONISTDECEMBER 31, 2009
http://www.timescolo...4558/story.html

The B.C. government's previously announced personal and business tax breaks come into effect tomorrow.[...]

#2 Bingo

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Posted 08 February 2015 - 04:01 PM

Getting ready to file your return?

Maybe there are some items that are not worth claiming.

 

The federal revenue agency can now hand the police possible evidence of serious crime — including terrorist activity —

that it happens to come across while reviewing taxpayer files.

The Canada Revenue Agency gained the little-noticed new authority, which does not require a judicial warrant, through an amendment

tucked into the government's most recent omnibus budget bill.

The list of offences is disturbingly broad and amounts to a fundamental change in allowing the agency to hand information to police

without a court-ordered warrant

— even when the alleged crimes have nothing to do with taxes, said Toronto lawyer Glen Jennings.

Jennings said the new provisions could create a "chilling effect" that undermines the willingness of people to file tax returns

if the revenue agency is seen as not just a tax collector, but also as a criminal investigator.

more; http://www.cbc.ca/ne...2949693?cmp=rss

 



#3 Victoria Watcher

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Posted 30 December 2022 - 08:17 AM

The Canadian Taxpayers Federation (CTF) has sounded the alarm about five incoming tax hikes in 2023. 

 

Tax hikes will include a carbon tax increase, an alcohol escalator tax, hikes to Employment Insurance and more, according to the report New Year’s Tax Changes

 

“Tax hikes will give Canadians a hangover in the new year,” said CTF federal director Franco Terrazzano. 

 

“Canadians can’t afford gas or groceries and the government is making things worse by hiking taxes.”

 

 

 

https://tnc.news/202...tax-hikes-2023/


Edited by Victoria Watcher, 30 December 2022 - 08:17 AM.


#4 dkuitu

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Posted 30 December 2022 - 08:26 AM

an alcohol escalator sounds dangerous


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#5 Victoria Watcher

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Posted 30 December 2022 - 08:30 AM

an alcohol escalator sounds dangerous

 

 

sddefault.jpg


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#6 Matt R.

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Posted 30 December 2022 - 11:30 AM

^ man, the Simpsons do have this uncanny knack for predicting the future.

#7 Nparker

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Posted 18 March 2023 - 11:14 AM

If it was 2 weeks from now I'd say this was an April Fool's joke. I was just notified that I will be getting an income tax REFUND for the first time in a long time. I guess this is what happens when your income drops 40% half way through the year. 


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#8 lanforod

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Posted 18 March 2023 - 01:56 PM

I’m impressed you have your taxes in already. I finally got the last slip I need yesterday.
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#9 LJ

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Posted 18 March 2023 - 07:07 PM

All your tax slips are available online with the CRA, you don't have to wait for them to show up.


Life's a journey......so roll down the window and enjoy the breeze.

#10 lanforod

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Posted 18 March 2023 - 08:02 PM

All your tax slips are available online with the CRA, you don't have to wait for them to show up.

slips maybe the wrong word. donation info etc.


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#11 LJ

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Posted 19 March 2023 - 07:36 PM

slips maybe the wrong word. donation info etc.

You don't know how much you donated? I get an emailed receipt right after I make the donation.


Life's a journey......so roll down the window and enjoy the breeze.

#12 Matt R.

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Posted 19 March 2023 - 09:04 PM

You don't know how much you donated? I get an emailed receipt right after I make the donation.


I don’t get rsp or charitable slips until end of feb or even March.

#13 LJ

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Posted 20 March 2023 - 07:53 PM

^Well you should get an email receipt right away, you don't have to wait until you get a physical slip to file your taxes. I just e-mail my accountant an amount for charitable and political donations and medical costs. She has access to my CRA account, so I don't physically give her anything.


Life's a journey......so roll down the window and enjoy the breeze.

#14 lanforod

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Posted 21 March 2023 - 08:51 AM

TLDR; we should all assume we have the same circumstances as LJ and submit our taxes on March 1.

 

:badpc:  :badpc:  :badpc:


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#15 lanforod

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Posted 21 March 2023 - 08:53 AM

There ARE places that don't give you a receipt right away, and there are accountants that don't want to file without the actual receipts in hand. There are also amounts that may not be accurate without the correct receipt (which was the case for me here, I did not have the correct number until I got the actual receipt).

 

Your circumstances are not going to be the same as others.


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