A Team of Experts
Get expert tips and guidance from a community of renown personal finance experts right here at Loans Canada. We're here to help you stay informed so you can make the best financial decisions.
Latest taxes Articles
2024 Federal Budget: Making Homeownership More Achievable
By Sean Cooper
Updated on September 17, 2024
Check out the Federal Budget 2024 initiatives made to make housing more affordable and accessible in Canada.
GST/HST New Housing Rebate: What You Need To Know
By Chrissy Kapralos
Updated on September 6, 2024
The GST/HST New Housing Rebate applies to newly built homes and some renovations on existing properties. Qualifying is not as hard you think.
How To Claim Capital Cost Allowance On Your Vehicle?
By Chrissy Kapralos
Updated on August 26, 2024
Are you a business owner or employee that relies on a vehicle to carry out your operations? You may be eligible for Capital Cost Allowance (CCA).
Are Credit Card Rewards Taxable?
By Mark Gregorski
Updated on August 7, 2024
Many credit cards also offer rewards programs, but are such rewards taxable? Do you have to declare them as income when you file your taxes?
Can You Cover Your Tax Debt With A Home Equity Loan?
By Lisa Rennie
Updated on July 9, 2024
Do have a lot of tax debt? A home equity loan may be a cost effective way to cover your tax debt while making your payments affordable.
A Business Guide on Payroll Taxes & Deductions
By Caitlin Wood, BA
Updated on June 28, 2024
Regardless of the size of your business, as a business owner, it's important to understand how payroll taxes and deductions work.
Do You Have to File a Business Tax Return?
By Priyanka Correia, BComm
Updated on June 28, 2024
If you own a business, you have to report you income every year. Depending on your business structure, you will have to file a T1 or T2 tax return.
Can You Get A Mortgage If You Owe Taxes In Canada?
By Bryan Daly
Updated on June 27, 2024
Can you get a mortgage if you owe taxes In Canada? Find out how tax debt may affect your ability to get a mortgage and what you can do.
How To Avoid The Capital Gains Tax In Canada
By Bryan Daly
Updated on June 26, 2024
The capital gains tax in Canada applies when you sell certain assets like stocks or real estate for a profit. Your main residence is exempt!
Day Trading Taxes In Canada: When Capital Gains Tax Applies Even In A TFSA
By Caroline Macdonald
Updated on June 12, 2024
As an investor, it's important to know how day trading taxes in Canada work. Depending on how you invest, the tax implications can vary.
What Is The Dividend Tax Rate In Canada?
By Lisa Rennie
Updated on June 12, 2024
Did you know dividend payouts are also considered taxable income? Learn what is the tax on dividends in Canada?
Are You Still A Canadian Tax Resident If You Live Outside Of Canada?
By Bryan Daly
Updated on June 11, 2024
Are you moving to another country but not sure what your obligations are and whether you are still a Canadian tax resident if you live outside of Cana...
