Tax credits act like a discount on your income tax bill. If you meet certain personal or financial requirements, you may be eligible for several of them. Income tax in Canada is calculated at the ...

Aaron Broverman is the Managing Editor of Forbes Advisor Canada. He has almost 20 years ... The First-Time Home Buyers’ Tax Credit (HBTC), also known as the Home Buyers’ Amount (HBA), is ...

Canada caregiver credit. For taxpayers supporting a spouse, partner, child or dependent with a disability or medical condition, a non-refundable tax credit of up to $8,375 can be claimed on their 2024 ...