News Room

The Gateway:  Maximizing the Impact of the Disability Tax Credit

In addition to reducing income tax through a non-refundable credit, the Disability Tax Credit (DTC) serves as a gateway to a wide range of additional tax benefits and government programs. Eligibility for the DTC can unlock enhanced credits, financial supplements, and long-term savings opportunities that go well beyond the tax return. Understanding how the DTC connects to these broader supports is essential for maximizing financial stability—both for individuals living with disabilities and the family members who support them.  Unfortunately, many taxpayers miss this credit and their tax and financial advisors can certainly help when this happens.

Quickly Estimate Total Taxes Payable

The Income Tax Estimator is a simple calculator that will help quickly and accurately determine the total income, net income, taxable income, non-refundable credits, and taxes payable for either a single taxpayer or a couple. Federal GST/HST Credits and Child Tax Benefit amounts are also estimated.

Audit Defence - Documenting the Client Experience

Consolidate your role as a trusted advocate and steward for your clients. Register by May 15 for early bird rates.

CRA Breach – 900 Taxpayers Affected

CRA reveals that Social Insurance Number data for 900 taxpayers was accessed through its systems due to the Heartbleed bug.

Nova Scotia Provincial Budget

The 2014 Nova Scotia provincial budget was tabled on April 3, 2014. The budget contained no new taxes or credits, but it did contain several adjustments.

Newfoundland and Labrador Provincial Budget

The Newfoundland and Labrador provincial budget was presented on March 27. The budget contained a number of tax changes.

Quebec Provincial Budget

The Quebec provincial budget was delivered on February 20. The budget introduced provincial changes that match the recently-announced federal changes.
 
 
 
Knowledge Bureau Poll Question

Does the new government’s promise, expected soon, to cut the lowest personal income tax rate by 1% to 14%, go far enough to help Canadians impacted by high costs? What are alternatives in your view?

  • Yes
    12 votes
    10.81%
  • No
    99 votes
    89.19%