Those who are Canadian taxpayers are required to avail the Canada Tax Rebate 2024 amount. This is also a part of the tax system when the individual or business gets some of its taxes back from the government. Tax Rebate Amount 2024 will be given under a specific procedure where the taxpayer has paid more … Read more
Applying to the majority of products and services sold in Canada, the Goods and Services Tax (GST) is a value-added tax. The two-stage hike planned in the federal budget would raise Canada’s GST rate, which is now 5%, to 9% on January 1, 2024. Along with the government’s revenue and expenditures, this move will have … Read more
Recently a new minimum wage has come into effect in all provinces in Canada. Nova Scotia has also seen an increase in minimum wage rates and this will benefit workers to receive more pay from their workplace. As per the latest update, the new minimum wage rate will be applicable from 1st April 2024 and … Read more
The government of Alberta, Canada has launched the Electricity Bill Rebate Canada 2024 to help the citizens of Alberta. A $500 Monthly Bill Rebate 2024 will be shared to qualified members and you dont need to apply, the rebate amount will vary every month and will be credited in your power bill. However, before expecting … Read more
One essential component of complying with income tax requirements for taxpayers is knowing the deadline for filing tax returns. Knowing these dates is must for the fiscal year 2023–2024 (assessment year 2024–25). It is essential to be informed about the deadline for filing TDS Quarterly Return 2024 as well as any potential extensions and prevent … Read more
The average salary of full time employees in the UK is £39,966 and every year companies in many sectors increase the annual salary of their working employees. Last year also the UK salary increase rate was around 5-6% and working employees are expecting a good pay rise this year. Today in this article we will … Read more
If you thought everything was expensive before, the new year will bring with it additional expenses. Gas Prices in Canada Are Expected to Increase in 2024 in a number of ways, ranging from municipal fees and passes to federal and provincial taxes. Residents of Canada who are struggling due to the high cost of living … Read more
According to the latest data, the Pension Indexation Rate for federal public sector pensions will be 4.8% in 2024, slower than 6.3% last year in 2023. Federal Retiree Pension Increases are set by the Treasury Board Secretariat by the Public Service Retirement Act and the Supplementary Retirement Benefits Act. Every year, the government calculates the … Read more
There are a few strategies to lower your full 2023 tax liability before the April 15, 2024, filing date if you were dissatisfied with your income tax bill from the previous year. You may attempt to claim as many exemptions and tax deductions as you are able. Alternatively, you can find if a tax credit … Read more