Personal Finance
Better Finances for a Better You
Topic: "Tax Planning"
← Curating the web to find the most interesting and helpful
information about your money.
Saving
Here’s what young Canadians are putting in their TFSAs
Stress Test Podcast: Rob Carrick chats with Aravind Sithamparapillai of Ironwood Wealth Management to break down TFSAs, FHSAs and RRSPs →Infographic of the week
Mapped: Federal Tax Paid Per Capita Across Canada
Which parts of Canada pay the most personal tax? In 2021, according to the latest available data, people in Ontario paid by far the greatest share: 42% of the total. Of course, Ontario is also the most populated province.
Which parts of the country paid the most and least taxes →Serious stuff
Dreading your taxes? How to deal with the 'homework of life' from NPR Life Kit
Life is full of tedious and time-consuming administrative tasks. Here's how to conquer your 'life admin' so you can get back to real life →Serious Stuff
Grocery Rebate: How Much Will You Receive?
On July 5, 2023 some Canadians received a GST/HST credit for the grocery rebate.
- Canadians who qualified received anything from $234 to $628.
- Your family size and relationship status affected how much you were eligible to receive.
Serious Stuff
The Canada Revenue Agency (CRA) issued "grocery rebate" payments to eligible Canadians on July 5th.
You could receive a maximum payment of up to:
If you are single
- $234 (no children)
- $387 (with 1 child)
- $467 (with 2 children)
- $548 (with 3 children)
- $628 (with 4 children)
If you are married or have a common-law partner
- $306 (no children)
- $387 (with 1 child)
- $467 (with 2 children)
- $548 (with 3 children)
- $628 (with 4 children)
Saving
The First Home Savings Account launched April 1st!
Who should have one, who offers them and key rules →Serious stuff
Despite labour disruptions, the tax filing deadline has not changed. Canadians should take steps to ensure their return is filed by May 1, 2023, along with payment for any balance owing.
Filing dates for 2022 taxes →Serious stuff
Tax season is upon us. Find key dates including filing and payment due dates and dates for receiving credits and benefit payments from the CRA.
Due dates and payment dates →Serious stuff
Tax season is upon us and that means it’s a good time to revisit what needs to be done for your 2022 taxes.
It’s always best to go to the right source for important tax information →← Curating the web to find the most interesting and helpful information about your money.