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Latest Newsletter

Special Bulletins

December 15, 2024

2025 RRSP, DPSP, TFSA, Maximum Pensionable Earnings Limits. Tax Planning For 2025. Clients Already Booking 2025 Appointments. Taxes Coming For Vacant Land. New CRA Powers Overreaching and Egregious

2024 Federal Budget


Previous Newsletters

E-File Available All YearOctober 07, 2024
E-File Available All Year. 2024 Tax Service Now Available. CRA Wrote Off a Staggering $4.3 Billion in Taxes Last Year, a 55% Increase From the Previous Year. CRA Shutting Down System Including E-File in December.

CRA Pressuring Employees to Close Appeal FilesJune 24, 2024
CRA Pressuring Employees to Close Appeal Files? Cottage Succession Planning for the Family. Tax Filing Deadline Come and Gone. New Capital Gains Taxes for 2024. 2023 Tax Review Notices Are Out.

2024 Federal BudgetMarch 24, 2024
2024 Federal Budget, New Credits, Benefits, and Services for Your 2023 Personal Taxes, Need to Simplify Your Tax Receipts? Get the “Tax Organizer” Today! Permanent Extended Call Center Hours at CRA

Upcoming for the 2024 Tax SeasonFebruary 7, 2024
Upcoming for the 2024 Tax Season, RRSP Deadline Approaching! Working From Your Home & 2023 Taxes, Reporting Crypto Transactions, More & Improved E-Services for 2023 Personal Returns

Clients Already Booking 2024 AppointmentsDecember 15, 2023
Clients Already Booking 2024 Appointments, Hefty CCP Premium Hike for 2024, Are You “Tax Preparation Volunteer” Material? CRA Cracking Down on “Non Compliant” Short Term Rentals

E-File Available All YearOctober 02, 2023
E-File Available All Year, 2023 Tax Service Now Available, New Permanent, Extended Call Center Hours For CRA, Loans, Mortgages, and Everyday Expenses Burying Canadians in Debt

Tax Filing Deadline Come and Gone June 24, 2023
Tax Filing Deadline Come and Gone, 2022 Tax Review Notices Are Out, More Taxes Are Coming If You Can Believe That, Retirement Compensation Arrangements (RCAs)

2023 Federal BudgetApril 02, 2023
2023 Federal Budget. New Credits, Benefits, and Services for Your 2022 Personal Taxes. Need to Simplify Your Tax Receipts? Get the Tax Organizer Today! & much more...

Upcoming for the 2023 Tax Season. RRSP Deadline Approaching!February 7, 2023
Upcoming for the 2023 Tax Season. RRSP Deadline Approaching! Working From Your Home & 2022 Taxes. More & Improved E-Services for 2022 Personal Returns & much more...

2023 RRSP, DPSP, TFSA, Maximum Pensionable Earnings Limits and More.December 15, 2022
2023 RRSP, DPSP, TFSA, Maximum Pensionable Earnings Limits and More. Tax Planning for 2023. Clients Already Booking 2023 Appointments. To Incorporate or Not? That’s the Question. & much more...

Tax Filing Deadline Come and Gone. 2021 Tax Review Notices Are OutOctober 02, 2022
E-File Available All Year. 2022 Tax Service Now Available. New Canada Disability Benefit. CRA Unable to Collect $23.4 Billion in Taxes. New Changes to Disability Tax Credit Allows More to Qualify. & much more...

Tax Filing Deadline Come and Gone. 2021 Tax Review Notices Are OutJune 24, 2022
Tax Filing Deadline Come and Gone. 2021 Tax Review Notices Are Out. Small Business Air Quality Improvement Tax Credit. CCB Young Child Supplement Still Claimable. New Labor Mobility Deduction for Tradespeople & much more...

2022 Federal Budget. New Credits, Benefits, and 2021 Personal Taxes.April 10, 2022
2022 Federal Budget. New Credits, Benefits, and 2021 Personal Taxes. Extended Call Center Hours at CRA. Need to Simplify Your Tax Receipts? Get the “Tax Organizer” Today! Tax Avoidance Versus Tax Evasion & much more...

Upcoming for the 2022 Tax SeasonFebruary 07, 2022
Upcoming for the 2022 Tax Season. RRSP Deadline Approaching! Working From Your Home & 2021 Taxes. More and Improved E-Services for 2021 Personal Returns. Canada Emergency Response Benefit (CERB) Letters & much more..

2022 RRSP, DPSP, TFSA, Maximum Pensionable Earnings LimitsDecember 15, 2021
2022 RRSP, DPSP, TFSA, Maximum Pensionable Earnings Limits. CCP Changes Due to the Coronavirus Disease (COVID-19) Outbreak. Clients Already Booking 2022 Appointments. Family Business Transfers a Tax Risk

E-File Available All Year, and MoreOctober 04, 2021
E-File Available All Year. 2021 Tax Service Now Available. Another Federal Election Come and Gone. Seven Areas the Canada Revenue Agency is Scrutinizing. Today’s Youth Will Pay For Yesterday’s Debt Tomorrow

CCB Young Child Supplement Now Here, and MoreJune 24, 2021
Tax Filing Deadline Come and Gone. 2020 Tax Review Notices Are Out. 2020 Tax Season Had Complexities and Long Waits at the Call Center. CCB Young Child Supplement Now Here. Taxes Lowered Incomes for Canadians in 2021

COVID Taxes, Benefits, Programs, and MoreMarch 28, 2021
COVID Taxes, Benefits, Programs, and More. CRA Watching Social Media for Unreported Income/Activities. 2021 Federal Budget April 19th, 2021. Need to Simplify Your Tax Receipts? Get the “Tax” Organizer Today!

Upcoming for the 2021 Tax SeasonFebruary 07, 2021
Upcoming for the 2021 Tax Season. RRSP Deadline Approaching! More & Improved E-Services for 2020 Personal Returns. Canada Emergency Response Benefit (CERB) & 2020 Taxes

Clients Already Booking 2021 AppointmentsDecember 15, 2020
Clients Already Booking 2021 Appointments. CRA, COVID 2020 Taxes and More. Are You “Tax Preparation Volunteer” Material? Canadians Had More Tax Obligations in 2020

COVID-19 Benefits, Programs, and MoreOctober 05, 2020
2020 Tax Service Now Available. E-File Available All Year. September 23rd Throne Speech Details. Biker Gangs Have Infiltrated the Canada Revenue Agency

Tax Filing Deadline Come and GoneJune 24, 2020
Tax Filing Deadline Come and Gone. 2019 Tax Review Notices Are Out. CRA COVID-19 Snitch Line. COVID-19 Delaying My Refund!

COVID-19 Benefits, Programs, and MoreApril 05, 2020
COVID-19 Benefits, Programs, and More. Need to Simplify Your Tax Receipts? Get the Tax Organizer Today! 2020 Federal Budget Still to Come? Massive Market Swings Will Show Up in Financial and Tax Rules

RRSP Deadline Approaching! Have Your Say for 2020 BudgetFebruary 07, 2020
Upcoming for the 2020 Tax Season. RRSP Deadline Approaching! Have Your Say for 2020 Budget. CRA Gets Very Poor Customer Service Score in Recent Survey. Top 10% of Earners Pay over 54% of Canada’s Income Taxes

Is Retirement Really Unemployment-Universal Income Looming for CanadiansDecember 15, 2019
Clients Already Booking 2020 Appointments, Is Retirement Really Unemployment-Universal Income Looming for Canadians? To Buy or Lease My Next Car? That’s the Question! Are You "Tax Preparation Volunteer" Material?

E-File Available All YearOctober 07, 2019
E-File Available All Year, New "Shared Custody" Legislation Can Change the Rules for Parents, New for 2020 Tax Season: Tuition Slips T2202A Now Online, Consent Stays for Deceased Taxpayers, and E-signatures on the Way.

Tax Filing Deadline Come and GoneJune 24, 2019
Tax Filing Deadline Come and Gone, 2018 Tax Review Notices Are Out, To Incorporate or Not to Incorporate?, Canada Benefits from Millionaire Tax Migration, Watch Out for Those Health Care Spending Accounts.

2019 Federal Budget Now HereApril 14, 2019
2019 Federal Budget Now Here. 2019 Tax Filing Deadline at the End of April! CRA, Charities, and Reforms for Audit Regarding Political Activities. Some Good News for Seniors Receiving Guaranteed Income Supplement

2019 Tax Service Schedule Filling Up!February 07, 2019
2019 Tax Service Schedule Filling Up! Shared Economy like Uber Need to Know the Tax Rules. RRSP Deadline Approaching! More and Improved E-Services for 2019 Personal Returns.

Scammers Double Down on Trying to Contact You as CRA EmployeesDecember 15, 2018
Clients Already Booking 2019 Appointments, Scammers Double Down on Trying to Contact You as CRA Employees, Are You "Tax Preparation Volunteer" Material?, Massive Bankruptcies Coming in 2019?.

To Collect CPP or Not?October 1, 2018
E-File Available All Year, To Collect CPP or Not?, Service Improvements Coming to CRA This Year, It's True! You Can Get Stuck with the Vendor's Tax Bill if You're Buying a Canadian House from a Foreigner.

CRA Call Centre Getting Better but Still Working on ItJune 24, 2018
Tax Filing Deadline Come and Gone, 2017 Tax Review Notices Are Out, CRA Call Centre Getting Better but Still Working on It, New US Tax Reforms and Canada: It's Time for the Same Here.

90% of Canadian Families Will Pay Higher Taxes Next YearMarch 25, 2018
2018 Federal Budget Now Here, 2018 Tax Filing Deadline at the End of April!, 90% of Canadian Families Will Pay Higher Taxes Next Year, with No Relief in Sight.

The Tax System: 101 Years LaterFebruary 7, 2018
2018 Tax Service Schedule Filling Up!, Upcoming for the 2018 Tax Season, The Tax System: 101 Years Later, It Looks Nothing Like It Was in 1917.

PayPal to Disclose Some Records to CRADecember 15, 2017
Clients Already Booking 2018 Appointments, CRA to Improve Call Centre and More for 2018, PayPal to Disclose Some Records to CRA.

CRA Watching Real Estate Transactions Closer than EverOctober 2, 2017
Canada’s Personal Tax System Officially 100 Years Old, CRA Watching Real Estate Transactions Closer than Ever, Improved CRA Services for Small and Medium Businesses.

New Farmer and Fisherman Rules for Small Business DeductionJune 25, 2017
CRA Online Use at Record Highs, 2016 Tax Review Notices Are Out, New Farmer and Fisherman Rules for Small Business Deduction.

New Credits, Benefits, and Services for Your 2016 Personal TaxesApril 7, 2017
New Credits, Benefits, and Services for Your 2016 Personal Taxes, 2016 Tax Filing Deadline at the End of April!

CRA Monitoring Social Media, Including Facebook and TwitterFebruary 7, 2017
Upcoming for the 2017 Tax Season, CRA Monitoring Social Media, Including Facebook and Twitter, RRSP Deadline Approaching!

CPP Changes on the Way for the Next Few YearsDecember 15, 2016
Budget 2017: Have Your Say Now!, CPP Changes on the Way for the Next Few Years, Clients Already Booking 2017 Appointments.

New MyBenefits CRA Mobile App, E-File Available All YearOctober 3, 2016
CPP Enhancements on the Way, 2016 Tax Service Now Available, New "MyBenefits CRA" Mobile App, E-File Available All Year.

Should You Take Your CPP Early or Late?June 25, 2016
Should You Take Your CPP Early or Late? Is Your Accountant Making a Difference?, Tax Havens Explained: How the Rich Hide Money Offshore.

Windfall Tax‐free GIS Payments for Some SeniorsMarch 18, 2016
New Credits and Benefits for Your 2015 Personal Taxes, 2015 Tax Filing Deadline at the End of April! Windfall Tax‐free GIS Payments for Some Seniors.

RCMP Warns of CRA Collection ScamFebruary 7, 2016
CRA Fires Employee in Data Breach, RCMP Warns of CRA Collection Scam, 2015 Tax Service Schedule Filling Up!

CRA and IRS Monitoring SnowbirdsDecember 15, 2015
Clients Already Booking 2016 Appointments,CRA and IRS Monitoring Snowbirds, Anti-‐Spam Legislation Changes.

IRS Tax Debtors May Have Passport Removed, Aging Baby Boomers Create Challenges for CaregiversOctober 5, 2015
E‐File Available All Year,2015 Tax Service Now Available, IRS Tax Debtors May Have Passport Removed, Aging Baby Boomers Create Challenges for Caregivers.

CRA Employees Fall for Phone and Email ScamsJune 24, 2015
Tax Filing Deadline Come and Gone, CRA Employees Fall for Phone and Email Scams, Can Your Audit Have a Happy Ending?.

New CRA Mobile App for Personal TaxesMarch 27, 2015
New Credits and Benefits for Your 2014 Personal Taxes, 2015 Federal Budget Almost Here, 2014 Tax Filing Deadline at the End of April!, New CRA Mobile App for Personal Taxes.

RRSP Deadline ApproachingFebruary 7, 2015
Late Filers and Tax Debtors Stalked by CRA Imposters, 2014 Tax Service Schedule Filling Up!, RRSP Deadline Approaching!

Archive Newsletters

2014 - Feb 7,  Apr 11,    June 24,  Oct 6,  Dec 14,
2013 - Feb 7,  Mar 27,   June 24,  Oct 7,  Dec 15,
2012 - Feb 8,  April 1,  June 28,  Oct 1,  Dec 15
2011 - Feb 8,  April 17,  June 28,  Oct 3,  Dec 15
2010 - Feb 8,  March 29,  June 28,  Oct 6,  Dec 15,
2009 - Feb 8,   April 6,   June 28,  Oct 4,   Dec 15
2008 - Feb 10,  March 20,  June 29,   Oct 12,  Dec 15
2007 - Feb 11,   April 1,   July 1,  Oct 1,  Dec 14
2006 - May 26 ,  Aug 13,  Oct 1,   Dec 15

January 01st, 2025

2025 Rates for Personal Income Tax, Benefits & TSFA Amounts

Hello, Friends and Clients!

Happy New Year and welcome to 2025! As it’s the first day of the calendar year, here are a few changes that may affect you. At the end of last year CRA released the comparative figures for 2025, 2024 and more for tax brackets, non-refundable credits, exemptions, GST credit, other benefits and TSFA with 2024 year end tips from Jamie Golombek. Each year, certain personal income tax and benefit amounts are indexed to inflation using the Consumer Price Index data as reported by Statistics Canada. For further questions, etc. call the general enquiries at 1-800-959-8281. As always, I look forward to serving you and wish you a prosperous 2025!

See full PDF

Bulletin Archive

Tax Season Closer Than You Think November 11th, 2024
Tax Season Closer Than You Think

E-Services or Bust September 20th, 2024
“E-Services” or Bust

2024 Tax Return Service Now Available August 20th, 2024
2024 Tax Return Service Now Available

 Summer’s Here and We are On Duty as Always for You July 24th, 2024
Summer’s Here and We are On Duty as Always for You

10 More Days For Self Employed Returns June 06th, 2024
10 More Days For Self Employed Returns

Thank You for Another Great Tax Season! May 07th, 2024
Thank You for Another Great Tax Season!

2024 Budget Out April 16th, 2024
2024 Budget Out

2023 Personal Tax Deadline April 23rd, 2024
2023 Personal Tax Deadline

Last Day for 2023 RRSP Contributions and T4s February 28th, 2024
Last Day for 2023 RRSP Contributions and T4s

2024 Rates for Personal Income Tax, Benefits & TSFA Amounts January 01st, 2024
2024 Rates for Personal Income Tax, Benefits & TSFA Amounts

Tax Season Closer Than You Think November 11th, 2023
Tax Season Closer Than You Think

Mandatory “E-Services” for Businesses September 20th, 2023
Mandatory “E-Services” for Businesses

2023 Tax Return Service Now Available August 20th, 2023
2023 Tax Return Service Now Available

Summer’s Here and We are On Duty as Always for You July 24, 2023
Summer’s Here and We are On Duty as Always for You

10 More Days For Self Employed Returns June 06, 2023
10 More Days For Self Employed Returns

Thank You for the 25th Tax Season! May 07, 2023
Thank You for the 25th Tax Season!

2022 Personal Tax Deadline April 23, 2023
2022 Personal Tax Deadline

2023 Budget Out March 28th, 2023
2023 Budget Out

Last Day for 2022 RRSP Contributions and T4s February 28, 2023
Last Day for 2022 RRSP Contributions and T4s

2023 Rates for Personal Income Tax January 01, 2023
2023 Rates for Personal Income Tax

Tax Season Closer Than You Think November 11, 2022
Tax Season Closer Than You Think

Get CRA “E-Services” Working for You Today September 20, 2022
Get CRA “E-Services” Working for You Today

2022 Tax Return Service Now Available August 20, 2022
2022 Tax Return Service Now Available

Summer’s Here and We are On Duty as Always for You July 24, 2022
Summer’s Here and We are On Duty as Always for You

10 More Days For Self Employed Returns June 06, 2022
10 More Days For Self Employed Returns

Thank You for another Tax Season! May 07, 2022
Thank You for another Tax Season!

2021 Personal Tax Deadline April 23, 2022
2021 Personal Tax Deadline

Last Day for 2021 RRSP Contributions and T4s April 07, 2022
2022 Budget Out

Last Day for 2021 RRSP Contributions and T4s February 28, 2022
Last Day for 2021 RRSP Contributions and T4s

2022 Rates for Personal Income Tax, Benefits & TSFA Amounts January 01, 2022
2022 Rates for Personal Income Tax, Benefits & TSFA Amounts

Tax Season Closer Than You Think September 20, 2021
Tax Season Closer Than You Think

2021 Tax Return Service Now Available September 20, 2021
CRA “E-Services” Are The Way for Tax Interaction

2021 Tax Return Service Now Available August 20, 2021
2021 Tax Return Service Now Available

10 More Days For Self Employed Returns July 24, 2021
Summer’s Here and We are Still Working for You

10 More Days For Self Employed Returns June 06, 2021
10 More Days For Self Employed Returns

Thank You for another great Tax Season! May 07, 2021
Thank You for another great Tax Season!

2020 Personal Tax Deadline April 23, 2021
2020 Personal Tax Deadline

2021 Budget Out February 28, 2021
2021 Budget Out

Last Day for 2020 RRSP Contributions and T4s February 28, 2021
Last Day for 2020 RRSP Contributions and T4s

2021 Rates for Personal Income Tax, Benefits & TSFA Amounts January 01, 2021
2021 Rates for Personal Income Tax, Benefits & TSFA Amounts

Tax Season Closer Than You Think November 11th, 2020
Tax Season Closer Than You Think

2019 Extended Filing Deadline Almost Here September 20th, 2020
2019 Extended Filing Deadline Almost Here

2020 Tax Return Service Now Available August 20th, 2020
2020 Tax Return Service Now Available

Summer’s Here and We are Still on Duty for You! July 24th, 2020
Summer’s Here and We are Still on Duty for You!

10 More Days For Self Employed Returns! June 06th, 2020
10 More Days For Self Employed Returns!

COVID-19 Did Not Stop Tax Season May 07th, 2020
COVID-19 Did Not Stop Tax Season

2019 Personal Tax Deadline April 23rd, 2020
2019 Personal Tax Deadline

Last Day for 2019 RRSP Contributions and T4s February 28th, 2020
Last Day for 2019 RRSP Contributions and T4s

2020 Rates for Personal Income Tax, Benefits & TSFA Amounts January 01st, 2020
2020 Rates for Personal Income Tax, Benefits & TSFA Amounts

Tax Season Closer Than You Think November 11th, 2019
Tax Season Closer Than You Think

CRA E-Services More Popular Each Year September 20th, 2019
CRA "E-Services" More Popular Each Year

2019 Tax Return Service Now Available August 20th, 2019
2019 Tax Return Service Now Available

Summer’s Here and We’re Still on Duty for You! July 24th, 2019
Summer’s Here and We’re Still on Duty for You!

10 More Days For Self Employed Returns! June 06th, 2019
10 More Days For Self Employed Returns!

Thank You for another great Tax Season May 07th, 2019
Thank You for another great Tax Season

2018 Personal Tax Deadline almost here! April 23rd, 2019
2018 Personal Tax Deadline almost here!

2019 Budget Out March 19th, 2019
2019 Budget Out

Last Day for 2018 RRSP Contributions and T4s February 27th, 2019
Last Day for 2018 RRSP Contributions and T4s

2019 Rates for Personal Income Tax, Benefits & TSFA Amounts January 01st, 2019
2019 Rates for Personal Income Tax, Benefits & TSFA Amounts

Tax Season Closer Than You Think November 11th, 2018
Tax Season Closer Than You Think

More Canadians Taking Advantage of CRA E-Services September 20th, 2018
More Canadians Taking Advantage of CRA "E-Services"

2018 Tax Return Service Now Available August 20th, 2018
2018 Tax Return Service Now Available

Summer's Here and We're Still Working for You! July 24th, 2018
Summer's Here and We're Still Working for You!

 10 More Days For Self Employed Returns! June 06th, 2018
10 More Days For Self Employed Returns!

Thank You for my 20th Tax Season May 07, 2018
Thank You for my 20th Tax Season

2017 Personal Tax Deadline almost here! April 23, 2018
2017 Personal Tax Deadline almost here!

2018 Budget Out February 28, 2018
2018 Budget Out

Last Day for 2017 RRSP Contributions and T4s February 27, 2018
Last Day for 2017 RRSP Contributions and T4s

2018 Rates for Personal Income Tax, Benefits & TSFA Amounts Coming Soon January 1, 2018
2018 Rates for Personal Income Tax, Benefits & TSFA Amounts Coming Soon

Tax Season Closer Than You Think November 11, 2017
Tax Season Closer Than You Think

Get CRA E-Services Working for You September 20, 2017
Get CRA "E-Services" Working for You
2017 Tax Return Service Now Available August 20, 2017
2017 Tax Return Service Now Available

Summer's Here and We're Still Working for You! July 24 2017
Summer's Here and We're Still Working for You!

10 More Days For Self Employed Returns! June 6, 2017
10 More Days For Self Employed Returns!

Thank You for another Great Tax Season! May 7, 2017
Thank You for another Great Tax Season!

2016 Personal Tax Deadline almost here! April 23, 2017
2016 Personal Tax Deadline almost here!

2017 Rates for Personal Income Tax, Benefits & TSFA Amounts Coming Soon January 1, 2017
2017 Rates for Personal Income Tax, Benefits & TSFA Amounts Coming Soon

Tax Season Closer Than You Think November 11, 2016
Tax Season Closer Than You Think






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