In 2025, several income tax changes in Canada will affect seniors. Here are five key updates:
Contact Us
OUR OFFICE
CFO Techniques Inc.
21 - 6575 192 Street
Surrey, BC
V4N 5T8
Phone: 604-818-2242
CFO Techniques Inc. Blog
CFO Techniques Inc. is pleased to provide a variety of resources on accounting, bookkeeping taxation, and other related subjects that we hope will be helpful to both individuals and businesses.
If you have any questions, simply contact us by email or call (604) 818-2242. We will be happy to meet with you for a free, no-obligation consultation.Disclaimer:
The content provided in this blog is for general informational purposes only and is not intended as professional accounting, tax, or financial advice. While efforts are made to ensure the accuracy and timeliness of the content, errors or omissions may occur. The content does not constitute a client-advisor relationship. Readers should consult with a Chartered Professional Accountants or other financial professional for advice tailored to their specific needs. We are not liable for any actions one might take based on the information provided in this blog.
In Canada, organizing your information for income tax filing is crucial to ensuring accuracy and maximizing deductions. Here’s the best way to save and manage your tax-related documents:
Canadian income tax is getting more complicated every year. The following outlines ways to minimize your taxes which may save you money!
Personal taxes in Canada are based on a progressive tax system, meaning the more you earn, the higher percentage of tax you pay. Here’s a general breakdown of how the system works: