In a February 11, 2021 Tax Court of Canada case, the deductibility of rental expenses for a condo unit that underwent major repairs was considered. CRA said no, but what did the courts say?
Personal Tax Returns
More weeks of COVID-19 income support are now available. Make sure to file your 2020 personal tax returns to reduce the chance of interruptions in benefit receipt.
If moving out of a property that was occupied for a short period, ensure you maintain documents and proof that you had intended to establish residential roots and live there. Don't get caught with a hefty tax bill; reach out to us today.
In an April 3, 2019 Tax Court of Canada case, at issue was whether the impact of an individual’s mental impairment entitled her to the disability tax credit (DTC). There are three main criteria taxpayers must meet to qualify, do you know them?
Transport Canada released details on the purchase incentive of up to $5,000 for zero-emission vehicles as originally proposed in the 2019 Budget. Do you meet the criteria?