Corporate Income Tax: Strategies for a Competitive Edge
In today’s dynamic economic environment, understanding corporate income tax is vital for businesses aiming to […]
Have you renovated or altered a building to make it more accessible? If you are a corporation, partnership or individual and you own or lease a building used primarily to earn business or property income, you can deduct any expenses you incurred during a taxation year for eligible renovations or alterations so that people with […]
Did you sell property this year? Was it your principal residence? If so, complete form TP-274-V, Designation of Property as a Principal Residence, to avoid paying tax on all or part of your capital gain, and send it to us with your income tax return. Designation conditions To designate your property as a principal residence, […]
If you’re a tenant or subtenant, make sure you get an RL-31 slip from your landlord, who has until February 28 to complete one and give it to you. You need the slip to claim the full amount of the solidarity tax credit, including the housing component. To receive the tax credit, you must: file your income […]
If you’re a landlord, you must give your tenants RL-31 slips by February 28, 2025. You can prepare them as of now using the Prepare RL-31 slips service in My Account for individuals. You can also use the Prepare and View the RL-31 Slip service. If you used the service in Full Access mode last year, you can simply […]
We’re simplifying things to make source deductions quicker. There’s a new simplified notice of assessment, the payment code is easier to get, and new filing services have been put online. Simplified notice of assessment The notice of assessment now takes into account all facets of a business and will be sent to all businesses, whether […]
If you’re a landlord, you can now prepare your RL-31 slips using the Prepare and View the RL-31 slip online service. You have to give the slips to your tenants by February 28, 2023. If you used the service last year, you can simply update the information you provided. You can also prepare your RL-31 […]
If you’re a taxi business operator or an operator under agreement and have to collect dues, you can now file dues returns online. Use the service under Consumption Taxes in My Account for individuals or My Account for businesses to file returns fast. If you’re a professional representative, the service is in My Account for […]
The income tax return, guide and forms have been combined into a single package (TP‑1.FG-V). We will send everyone who filed their last return on paper (some exceptions apply) the new package in the mail by February 13, 2023. If you file on paper this year, we’ll mail you a package next year. Need another package? […]
How to deduct remote working expenses for 2023 If you were a salaried employee or an employee who earned commissions in the year, you can deduct certain expenses that you were required to pay under the terms of your employment contract. Complete form TP-59-V, Employment Expenses of Salaried Employees and Employees Who Earn Commissions, and […]
Instead of completing the paper form, use the online service for applying for the shelter allowance in My Account for individuals. It’s… Faster because you’re done in a few clicks Easier because the form is tailored to you Greener because no paper is used Go to My Account for individuals. Did you know? The shelter […]