Online mail – Helping you organize your Canada Revenue Agency mail
Please see the link to the Charities Listings at CRA website.
It can be used to confirm if a Canadian charity is registered to help guide your donation decisions.
Tax rate changes for individuals and tax-free savings account.
For the 2016 and subsequent tax years, the federal personal income tax rate on taxable income of $45,282 to $90,563 (the second income tax bracket) will be reduced by 1.5% from 22% to 20.5%.
For 2016, the Government proposes a TFSA annual contribution limit of $5,500.
If your business plans to purchase assets in the nearest future, consider to buy in December. Although you just start using the asset, you can claim half-year depreciation in 2015.