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1. What is the First-Time Home Buyers’ Tax Credit (HBTC)? The HBTC is a federal program designed to provide financial relief to Canadians buying their first home. It’s a non-refundable…

Introduction Renters in Canada may qualify for valuable tax credits to help offset their living expenses. These credits vary by province and cater to different income thresholds and circumstances. Here's…

If you earn income as an independent contractor for SkipTheDishes, DoorDash, Uber Eats, or similar platforms, the Canada Revenue Agency (CRA) considers you self-employed. This means you are responsible for…

The term "Dependent Amount" generally refers to tax credits available to individuals supporting dependants. These credits include the Eligible Dependant Amount (EDA) and the Canada Caregiver Amount (CCA). Each credit…

The Canada Workers Benefit (CWB) is a refundable tax credit designed to provide financial assistance to low-income working individuals and families. The goal is to encourage workforce participation by supplementing…

Moving expenses are costs incurred when relocating to start a new job, carry on a business, or attend a post-secondary educational institution full-time. The Canada Revenue Agency (CRA) allows eligible…

Medical expenses are costs paid for health care services, products, or treatments that are eligible for tax deductions. The Canada Revenue Agency (CRA) allows you to claim these expenses to…

Child care expenses are costs incurred for the care of a child so that you or your spouse/common-law partner can work, run a business, attend school, or conduct research. These…

The Canada Caregiver Credit (CCC) is a non-refundable tax credit that provides financial relief to individuals who support a spouse, common-law partner, or a dependent with a physical or mental…

The Disability Tax Credit (DTC) is a non-refundable tax credit designed to help individuals with disabilities, or their supporting family members, reduce the amount of income tax they owe. It…