TTT: Changes to Canadian Taxes
Simon Gladstone2022-02-03T20:31:46-05:00Some good news and some bad news this week. On one hand, there are some new tax deductions that we can take advantage of! But on the other hand, CPP rates are on the rise.
Some good news and some bad news this week. On one hand, there are some new tax deductions that we can take advantage of! But on the other hand, CPP rates are on the rise.
Do you own or run a small business? Maybe you operate a vehicle for business purposes? Well we have some GREAT news for you.
Happy new year! We are kicking things off with acronyms. Lots and lots of acronyms. How well do you know yours?
The Bank of Canada has announced that mortgage rates will be increasing several times in the coming years. Are you ready for it? Are you sure the fixed rate mortgage is right for you?
You've got a budget, and it looks good. But you're having trouble sticking to it! We've all been there, and we have some great tools you can use to improve.
Where are you spending your money? Do you keep track at all, or do you just spend however you want? Budgeting can go a long way, and isn't a tool reserved for people who are struggling. A budget can help anybody use their money more wisely.
In debt? You are very much not alone. The average Canadian is carrying $24,000 in unsecured debt. It can be tough to get out of the hole, but there are some great things you can do today to get started.
Selling the cottage? You are not alone. People fled to cottage country during COVID last year, which caused a huge jump in prices. Unfortunately, the tax man needs to take his cut. If you do it right, though, you might be able to make that a little smaller.
Looking to get out of the house and do something fun next year? Can't blame you. It's been tough staying put through COVID for all these months. The government wants to help you get out of the house with a new tax credit! Learn more here.
Did you know that you can claim your grocery bill on your taxes? Not everybody can, but there are some situations where you can claim 50%, or even up to 100% of those bills. Find out more today!