News Room

Podcast: Automatic Tax Filing - Will It Work?

Last week Taxpayers' Ombudsperson François Boileau  tabled his annual report:  In Pursuit of Better Service: Taxpayers Deserve More.  once again, it was nothing short of scathing, as CRA received its highest number of complaints in the last three years.  Calling our “completely nuts” Income Tax Act a potential barrier, he is nonetheless pushing for automatic tax filing as a potential solution.  A new episode of Real Tax News with Evelyn Jacks & Friends available next week, will feature guest Gillian Petit, Ph.D. - author of a great report, Welcome News for Lower-Income Canadians, but There’s More to Do - which takes a deeper dive.  Consider the following:

Taxable and Non Taxable Auto Allowances and Benefits

  Reasonable motor vehicle allowances are not taxable if it is reasonable.

Employers’ Treatment of GST/HST on Employees Taxable Benefits

Some employee taxable benefits are subject to GST/HST, while others are not.

New Legislation: The Economic Action Plan 2014 Act, No. 2

New legislation from the Department of Finance, The Economic Action Plan 2014 Act, No. 2, received Royal Assent on December 17.

Improving Economic Potential:  A Smart Financial Goal

Happy New Year!  What’s your “economic potential” in 2015? 

Our Readers Are Awesome

Sometimes a little clarification is in order.
 
 
 
Knowledge Bureau Poll Question

According to CRA, Canadians experience improved service delivery and responsiveness from the CRA this tax season. Do you agree?

  • Yes
    7 votes
    7.78%
  • No
    83 votes
    92.22%