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Below is a collection of all our informative tax and financial related articles to help keep you up to date on tax and general financial related affairs.
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We receive many questions regarding obligations to file tax returns. For example, an individual is in Canada for six months to a year and is not sure whether he/she has a tax filing obligation. When does an individual have to file a tax return? Subsection 2(1) of the Income Tax Act (ITA) provides some guidance:
The New Housing Rebate is available to individuals who purchased a new home or purchased a home that was recently substantially renovated. There is also a special rebate in instances where you as the owner constructed or substantially renovated your home. Mobile and floating homes are also eligible for this rebate.
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