by ingmin | Sep 29, 2026 | Taxes & CRA
Self-Employed, Rental and Investment Income Can Trigger a December CRA Payment For many Canadians, income tax is deducted automatically from every paycheque. But if you are self-employed or receive income without enough tax withheld, CRA may require you to pay tax...
by ingmin | Sep 29, 2026 | Taxes & CRA
One Million Canadians Could Be Invited to File Using a Pre-Filled CRA Return Filing a Canadian income tax return could become much simpler for about one million people next year. Beginning in March 2027, the Canada Revenue Agency plans to invite eligible lower-income...
by ingmin | Sep 29, 2026 | Taxes & CRA
Lower CPP Contributions Mean More Take-Home Pay for Canadian Workers Canadian workers and employers will pay a lower base Canada Pension Plan contribution rate beginning in 2027. For an employee earning $70,000, the federal government estimates the change will save...
by ingmin | Sep 29, 2026 | Taxes & CRA
How Canada’s Lower Federal Tax Rate Affects Your Paycheque and 2026 Tax Bill Canada’s lowest federal income tax rate is now 14% for the 2026 tax year. For Canadians who receive the full benefit of the reduction, the federal government estimates savings of...
