News Room

New: Personal Support Workers Tax Credit Coming Soon

Personal support workers will receive billions in increased wages from federal/provincial governments in B.C., Newfoundland and Labrador and the Northwest Territories.  Those workers in other provinces will now get a raise too, but they will have to wait until filing their 2026 returns in the spring of 2027 to cash in, according to an October 27 pre-budget announcement.  Here are the details:

Check It Out – Our New Virtual Campus!

Knowledge Bureau is excited to announce the launch of our new virtual campus—an environment designed especially for you! Login in today to see what's new!

OSC Gets More Teeth

The May 2 Ontario Budget announced the government’s intention to introduce legislative changes on various issues.

Correction: Do-It-Yourself Taxpayers Can Submit eDocs

The article "Must Audit Support Documents be Electronically Filed?", published in the April 17, 2013 issue of Knowledge Bureau Report has been amended.

Understanding Synthetic Dispositions

A “synthetic disposition” refers to financial arrangements which allow taxpayers to defer tax by “economically” disposing of a property while continuing to own it for tax purposes. These transactions were shut down as of Budget Day, March 21, 2013.

The Bank of Canada Appoints New Governor

On May 2, 2013, the Bank of Canada announced that a new Governor of the Bank had been appointed under Section 9 of the Bank of Canada Act.

May CE Workshops: Register Before May 15

Reserve your spot in Winnipeg, Calgary, Vancouver, or Toronto. Be prepared to respond to requests for post-filing information and set up the best defence for your clients in case of appeal. See the full agenda for this May's Distinguished Advisor Workshop.
 
 
 
Knowledge Bureau Poll Question

Do you believe SimpleFile, CRA’s newly revamped automated tax system, will help more Canadians access tax benefits and comply with the tax system?

  • Yes
    5 votes
    7.46%
  • No
    62 votes
    92.54%