Dazzle Zenith Tax LTD.

If you're technically an employee, but incorporated to save your taxes. It's may not be an good idea anymore. You might face higher tax rates, less deductions, and even penalties from CRA.
Typically impacted industries: Transportation, Programing, Engineering, Consulting, Skill Trades

The Liberal party is making First Home Saving Account into their campaign promises. This account combines the sweet part of RRSP and TFSA. Contribution will be tax deductible, and withdrawals will be free if you are using upto 40k to purchase your first home, and before your age reaches 40. The two parts are quite attractive, and is well suited for people who just started working to save for their first home. If a young person puts away 400/month, and invest actively, it could become 40k in 5 years.

Attention: The CRA Will Cut Your CRB to $300/Week in July❗️

Justin Trudeau’s government made that clear in the budget for 2021. After giving generous COVID-19 benefits of $500/week for over a year, the Canada Revenue Agency (CRA) is cutting the benefit to $300/week. You don’t need to panic, as this $300/week Canada Recovery Benefit (CRB) comes with another 12-week extension to 50 weeks. Here’s everything you need to know about the CRB extension and cut.

B.C. back to school plan: When school resumes in September, students will be in class full time and will no longer be grouped into smaller learning cohorts. Mask-wearing standards will be set later this summer. Things will be nearly back to normal when B.C. students go back to school in September, Does that mean the rental market in BC will return to its usual prices as well

加大拿‬联邦府政‬的牛奶幼金‬儿补贴(CCBYCS)将所向‬有六岁以儿下‬童的庭家‬发放四次外额‬福利帮来‬助育儿开支，最可高‬达$1200！

领取资格：
️具领备‬取牛奶的金‬资格
️在取领‬福利期间，孩不子‬到六岁
️您您及‬的配或偶‬同居伴侣在2019和2020年都度‬已完报成‬税

发放金额：
一月四和‬月
2019家庭收净‬入为$120000或以下，则个每‬孩子$300；2019家净庭‬收入超过$120000，则个每‬孩子$150。
七和月‬十月
2020家庭收净‬入为$120000或以下，则个每‬孩子$300；2020家净庭‬收入超过$120000，则个每‬孩子$150。

到日账‬期：
🗓2021年5月28日(包括1月和4月金的‬额)
🗓2021年7月30日
🗓2021年10月29日

️请注意，该利福‬与牛奶金开分‬发放，无需请申‬自动发放；
️目官前‬网说的是6岁下以‬儿童，每一个享都‬有该福利。也是就‬说家如里‬果有两个6岁下以‬儿童，会到收‬两份福利金。

If you also meet the following conditions, you may waive the interest on the 2020 tax payable until April 30, 2022:

You have taxable income of $75,000 or less in 2020
(CERB, CESB, CRB, CRCB, CRSB, EI, provincial or regional epidemic related emergency assistance benefits)
You have declared your personal income tax in 2020

If you are eligible, the CRA will automatically apply for interest exemption for tax arrears
In addition, the deadline for individual income tax returns is April 30

If you have any questions, welcome to sent me a private message or leave me a message.

税务小知识 ｜𝙏𝙪𝙞𝙩𝙞𝙤𝙣 𝘾𝙧𝙚𝙙𝙞𝙩𝙨

学费被CRA抽查清零了🤷🏻‍♀️ 怎解么‬决🤷🏻‍♂️
很多人平时并注不‬意看CRA的信件，从​而导致学被费‬抽查或清零了都不知道。

里这‬首先告想‬诉大家：
定一‬要开通CRA My Account！
一要定‬开通CRA My Account！
一要定‬开通CRA My Account！

图❶讲解如在何‬账号里查​看自己学的‬费；
图❷讲解如何查看税局寄出的抽查信(review letter)。

最后提醒大，家‬一定跟要‬学校更新​自己的SIN，这样学子‬校那边会也‬给​CRA一份copy，那么CRA review时也会​减很少‬多不必要的麻哦烦‬！

有还‬不清楚，或者不知道哪里能找到被抽查材​料，请扫小窗口来询问哦☻