Taxpayers Put On Alert As Tax Season Begins

With tax season around the corner, it comes as no surprise that online tax scams are on the rise. Not only are incidents up, but so too is the sophistication of the scams. Many of the scams work on the pretence that communication is coming from the Canada Revenue Agency…

CRA Faces Strike Votes Over Return to Office Demands

The Union of Taxation Employees (UTE), which represents some 35,000 Canada Revenue Agency (CRA) employees, has expressed disappointment with the tax body’s move to file a labour practices complaint against them with the Federal Public Sector Labour Relations and Employment Board. The CRA is claiming that the union is not…

N.B. Municipalities Asked to Cut Tax Rates

Thanks to strong performance in the real estate market and new construction, property assessments in New Brunswick have risen to a total value of $81 billion. This is an increase of $8 billion or 10.9% since 2021. However, the impact of this performance is not quite good news for property…

CRA Holding $1.4 Billion In Uncashed Cheques

The Canada Revenue Agency (CRA) says that it has about $1.4 billion in funds from uncashed cheques sent out to taxpayers. These funds represent a mix of refunds and benefits. The payments can be sent out as cheques or through direct deposit. The CRA had launched a campaign in February…

Canadian Wineries Get Federal Government Support

With the recent return of a federal tax on domestic brands, Canadian wine prices are expected to rise by about 4%. This change comes after the government was able to resolve a dispute with Australia at the World Trade Organisation (WTO) that allowed for the repeal of an excise duty…

Seniors Concerned Following T4A Tax Slip Delay

Tens of thousands of Canadian seniors have reportedly been unable to file their 2021 tax returns following an error made by Service Canada in regards to their federal tax slips. Taxpayers have a May 2, 2022 deadline to submit their tax returns. The CRA has not extended this deadline. Senior…

CBC Shines Spotlight On Offshore Tax Evasion

In a Fifth Estate news report, the Canadian Broadcasting Corporation (CBC) has revived the story of how wealthy KPMG clients may be dodging taxes through secret offshore havens. This was done by highlighting the case of the Coopers. After having amassed a fortune from selling scrap metal in South Africa,…