Tax
20 articles in Tax. Each verified against an official source and linked to a calculator.
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How to Change Your Marital Status with the CRA
Married, separated, divorced or newly common-law? See when to tell CRA, how to update your account, and what to check about benefits.
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How to Get and Read Your CRA Notice of Assessment
Need your CRA notice of assessment? Find it in your account or request a paper copy, then see which parts answer your tax-return question.
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CRA Account Locked? How to Regain Access
Locked out of your CRA account? Check whether it is a temporary MFA wait, then follow CRA's registration or contact route.
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Missing a T4 or Other Tax Slip? How to File Your Return in Canada
Missing a T4 or another tax slip? Ask the issuer, check CRA My Account, and use CRA's current instructions if the slip is still unavailable when you file.
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Tax Refund Delayed in Canada: What to Check and When to Call CRA
Check your return status, see why a refund can be smaller or held, and know when CRA says to call.
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How to Change a Canadian Tax Return After Filing
Found a mistake after filing? Wait for CRA to assess the return, then use the route your return qualifies for to request a change.
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CRA GST/HST Review or Audit Letter: What to Do Next
A practical path from a CRA GST/HST letter to the right records, response and dispute route.
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GST and PST in BC: Rates, Receipts and the 2026 Pause
Understand why a BC receipt may show GST, PST, both or neither, and where to check the official rules.
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How Is Overtime Taxed in Canada?
Overtime is taxable pay, but it does not have its own permanent tax rate. See why deductions can look higher on one paycheque.
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What Changed in Federal Income Tax for 2026
Federal lowest bracket rate is 14% (was 15% before July 2025). Basic Personal Amount $16,452 (was $16,129). All bracket thresholds indexed +2.7%. Other rates unchanged.
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Canada Workers Benefit (CWB) Eligibility and Amount (2026)
Canada Workers Benefit is a refundable federal credit for low-income workers. 2026 max: ~$1,605 single, ~$2,772 family, +$828 disability supplement. Paid quarterly via ACWB.
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Medical Expense Tax Credit 2026: Eligible Expenses, Threshold, and Examples
Medical Expense Tax Credit applies to medical expenses above the lesser of $2,814 (2026) or 3% of net income. Federal credit is 15% of the excess; provincial credit adds 5-11%.
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Charitable Donation Tax Credit 2026: Federal and Ontario Rates, First $200, and Examples
The 2026 federal charitable donation tax credit is 15% on the first $200 of total annual donations and 29% above $200 (33% on amounts above $200 that fall against income in the top federal bracket, which starts at $258,482 in 2026). Ontario adds 5.05% on the first $200 and 11.16% above. Combined federal + Ontario on amounts above $200: roughly 40.16%. Donations can be combined between spouses on one return and carried forward up to 5 years.
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Dividend Gross-Up and Tax Credit Explained (2026)
Eligible dividends are grossed up 38% with 15.02% federal tax credit. Non-eligible (small business) dividends are grossed up 15% with 9.03% federal credit. Mechanism integrates corporate + personal tax.
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Canada Basic Personal Amount 2026: Federal Tax Brackets, BPA, and Examples
The 2026 federal Basic Personal Amount (BPA) is $16,452 (reduced to $14,829 for top-bracket income, phased out between $181,440 and $258,482 of net income). The 2026 federal tax brackets are 14% to $58,523, 20.5% to $117,045, 26% to $181,440, 29% to $258,482, and 33% above $258,482. The lowest rate dropped from 15% to 14% effective July 1, 2025 under Bill C-4 and applies in full to 2026.
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Marginal vs Effective Tax Rate Explained (2026)
Marginal rate is the tax on the next dollar of income; effective rate is total tax over total income. Only marginal rate matters for decisions about RRSPs, bonuses, capital gains, or income splitting.
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Salary vs Dividend for Owner-Managers: Which to Pay Yourself
Salary creates RRSP room and CPP credits but costs both halves of CPP. Dividend has no CPP but no RRSP room either. Most owner-managers benefit from a mix: salary up to YMPE then dividends.
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Disability Tax Credit Amount 2026: Federal, Provincial, Transfer, and Refund Examples
The 2026 federal Disability Tax Credit (DTC) base amount is $10,341, generating roughly $1,448 in federal tax reduction. Children under 18 can claim an additional supplement of about $6,032 (further $844 federal reduction). The DTC is non-refundable but transferable to a spouse, common-law partner, or supporting family member. Apply via Form T2201 certified by a medical practitioner. Approved DTC can be back-claimed up to 10 years.
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Ontario Land Transfer Tax Rates and Brackets (2026)
Ontario LTT is graduated from 0.5% to 2.5%. A first-time home buyer refund of up to $4,000 covers LTT on homes up to $368,333. Toronto buyers pay an additional municipal LTT.
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Capital Gains Tax in Canada (2026 Rules)
Capital gains in Canada are taxed at 50% inclusion on the first $250,000 of annual personal gains, and 66.67% on amounts above. Effective January 1, 2026.