Month: February 2020

18 Feb

Some Important Tax changes

Medical Expenses Tax Credit Certain cannabis products purchased incurred after October 16, 2018 for a patient for medical purposes will be considered eligible medical expenses for the medical expense tax credit, they become permitted for legal sale under the Cannabis Act. For more information, see Guide RC4065, Medical Expenses. Canada Training Credit Limit-New refundable Tax […]
18 Feb

Do I Need to file my Income tax return?

Yes, you need to File a return for Tax year if You have to pay tax for the tax year You want to claim income tax refund You want to claim the Canada workers benefit (CWB) or you received CWB advance payments in the year You or your spouse or common-law partner want to begin or continue […]
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