The Importance of Accurate Bookkeeping Amid Economic Fluctuations
In an ever-changing economic landscape, accurate bookkeeping is essential for businesses of all sizes. The […]
If you’re a tenant or subtenant, make sure you get your RL-31 slip from your landlord. You’ll need it to claim the housing component of the solidarity tax credit and complete Schedule D. This will ensure that you get the full amount you’re entitled to under that component. To receive the tax credit, you must: […]
The guide and forms for the income tax return are all in the income tax return package (TP-1.FG-V). If you filed your 2023 income tax return on paper, we’ll mail you the package by mid-February 2025 so you can file your 2024 return. You don’t have to order it. The documents included in the 2024 income tax return package […]
If you’re a landlord, you must give your tenants RL-31 slips by February 29, 2024. 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, […]
The information on the RL-24 slip (see courtesy translation RL-24-T) is used to claim the tax credit for childcare expenses in the income tax return. Beginning in 2022, if you provide paid childcare services in Québec in the year, you will have to file an RL-24 slip and give a copy to the payer. If […]
If you’re an individual Effective January 1, 2025, when you buy or sell a used motor vehicle that’s 14 years old or less, the QST will be calculated on the vehicle’s estimated value if this is higher than the agreed sale price. Whether you buy a used vehicle from an individual you’re not related to or from a dealer, the […]
The guide and forms for the income tax return are all in the income tax return package (TP-1.FG-V). If you filed a paper income tax return for 2022, we’ll mail you the package by mid-February 2024 so you can file your 2023 return. You do not have to order it. The documents included in the […]
NetFile Québec will go online on February 20 so that you can file your 2022 income tax return completed using authorized software. Online filing is the easiest option and the one that the vast majority of people use to meet their obligations and get their tax credits and refunds. It’s always best to file your […]
A shift is underway in the restaurant sector. If you operate a restaurant establishment where sales recording modules (SRMs) are still used, you have until June 1, 2025, to obtain at least one sales recording system (SRS) certified by Revenu Québec and compatible with the WEB-SRM cloud-based environment. Exceptionally, you may be entitled to a […]
On January 1, 2024, several rules regarding electronic filing and payment take effect for businesses (corporations, partnerships and organizations that carry on activities in Québec), trusts, individuals and self-employed individuals. See which ones apply to you. Do you have to send us RL slips? As of January 1, 2024, if you file more than five […]
If you hold more than ten unclaimed financial assets that you must remit to us under the Unclaimed Property Act, you must use the new online services beginning on April 1, 2023. New services Remit property online Remit unclaimed property using an XML file Make remittance-related payments These services are now available in My Account […]