Tag Archives: Tax Expert Brampton
First-time Home Buyer’s Tax Credit (Accountant Woodbridge)
You can claim an amount of $5,000 for the purchase of a qualifying home made in 2010, if both of the following apply: ■ you or your spouse or common-law partner acquired a qualifying home; and ■ you did not … Continue reading
Tax-Free Savings Account (TFSA) (Income Taxes Woodbridge)
Starting in 2009, a tax-free savings account (TFSA) is a new way for residents of Canada to set money aside tax free throughout their lifetimes, Income Taxes Woodbridge. Taxes Woodbridge Contributions to a TFSA are not deductible for income tax … Continue reading
Ontario Energy and Property Tax Credit (Accountant GTA)
Accountant GTA The Ontario government introduces new energy tax credit for Ontario resident in 2011. In the 2009 Ontario Budget, the government proposed two new tax credits to replace the combined sales and property tax credits: the Ontario Sales Tax Credit … Continue reading