2020 Tax Changes Individuals and Families

Amounts Received Related to COVID-19

During the year, you may have received federal, provincial, or territorial government COVID-19 payments such as the Canada Emergency Response Benefit (CERB). These amounts are generally taxable and you will receive a slip, such as a T4A or T4E.

Interest Relief on 2020 Income Taxes Owing if you Received COVID-19 Benefits

2019 Tax Changes Individuals and Families

Change of Use Rules for Multi-Unit Residential Properties

Currently when a property, or part of property, is converted from an income producing property to some other purpose a deemed disposition occurs. Historically, when the entire property was converted into another use is now available for changes in use of parts of the property.

Got a phone call or text message from CRA ?

Don't panic - these calls are not actually from the CRA. They're from scam artists attempting to steal your personal information.

The CRA will never