CRA Archives - FinTech College of Business And Technology

2024 Federal Budget and You – Highlights

Here are some of the notable highlights and legislative commitments in budget 2024. 1. Housing: In hopes of building nearly 3.9 million new homes across Canada by 2031, the government…

Did You Claim Your Canada Training Credit?

Canada Revenue Agency

What is Canada Training Benefit?: The Canada Training Benefit gives workers money to help pay for training, provide income support during training, and offer job protection so they can take the…

CPP 2024 and Beyond

Canada Revenue Agency

For 2024, employee and employer CPP contribution rates will remain at 5.95 per cent, but the maximum pensionable earnings will increase to $68,500, while the basic exemption amount remains at…

How to Become A Tax Expert: A Roadmap to Mastering the World of Taxation

Canada Revenue Agency

Becoming a tax expert is a rewarding journey that requires dedication, knowledge, and continuous learning. With the complexities of tax laws and regulations, tax experts play a crucial role in…

Labour and Employment Standards –Payroll 2023

Canada Revenue Agency

Minimum Wage | Overtime Pay | Vacation Pay and Entitlement (2023) Labour and Employment Standards – October 1st 2023 Minimum Wage Rates Province Minimum Hourly Wage (October 1st 2023)…

Payroll Tax tables are available – Effective from July 1st, 2023 to December 31, 2023

Canada Revenue Agency

New Payroll Tax tables are available for 1st July 2023 – QuickBooks Desktop. Download the latest payroll update anytime while in QuickBooks: Select Update QuickBooks from the Help menu. Go to the Update Now tab. Select Get…

2023 Federal Budget – Corporate Taxes

Canada Revenue Agency

On March 28, 2023, the Government of Canada released its Budget: A Made-In-Canada Plan. One major focus of this year’s budget is developing Canada’s green economy by introducing a slate of…

2023 Federal Budget and You (Personal Taxes)

Canada Revenue Agency

On March 28, 2023, the Government of Canada released its Budget: A Made-In-Canada Plan. The following is a summary of highlights from the perspective of Ontario’s business community. The Canadian Dental Care…

$500 – One-time top-up to the Canada Housing Benefit

Canada Revenue Agency

What is the Housing Benefit? The government announced the one-time $500 federal boost to the existing Canada Housing Benefit program in the fall, pledging to help those eligible cover the…

CPP – EI Calculations 2022 and 2023

Canada Revenue Agency