Top family tax credits and benefits
In this podcast, Gerry and Ida will discuss some of the top family tax credits and benefits.
Canada Child Benefit
Child Care expenses
Spousal amount and eligible dependant
Disabled child or spouse (Disability Tax Credit)
Detailed blog article on this topic: https://www.ufile.ca/tips-and-tools/ufile-blog/ufile-blog/2024/03/25/top-family-credits-and-benefits
UFile – Your taxes, your way – www.ufile.ca
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24:58
RRSP vs TFSA vs FHSA
In this podcast, Ida and Gerry will compare all three registered accounts offered by the federal government: RRSP, TFSA, and FHSA
*Introduction
*Basic characteristics
*Eligibility
*Contributions
*Contribution limits when withdrawing
*Expiry of accounts
*Transfers between accounts
*Conclusion
Detailed blog article on this topic: https://www.ufile.ca/tips-and-tools/ufile-blog/ufile-blog/2024/02/21/comparing-the-rrsp-and-the-tfsa-with-the-fhsa
UFile – Your taxes, your way – www.ufile.ca
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32:22
Tax Update 2023
Tax update 2023
In this podcast, Ida and Gerry discuss the upcoming tax changes for the 2023 tax return.
Tax-Free First Home Savings Account (FHSA)
Canada Worker's Benefit (CWB) advance payments
Residential property flipping rule
Multigenerational home renovation tax credit
Tradesperson tools expense deduction
Home office expenses - flat-rate method
Tax rate reduction - Quebec
Link of detailed blog article: https://www.ufile.ca/tips-and-tools/ufile-blog/ufile-blog/2024/02/07/tax-update-2023
UFile - Your taxes, your way
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31:23
Five overlooked tax deductions and credits
In this podcast, Ida and Gerry will discuss five overlooked tax deductions and credits:
Moving expenses
Carryforwards
Carrybacks (retroactive claims)
Medical expenses
Disability tax credit
Detailed blog article on this topic: https://www.ufile.ca/tips-and-tools/ufile-blog/ufile-blog/2023/04/18/five-overlooked-tax-deductions-and-credits
UFile – Your taxes, you way www.ufile.ca
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20:32
Canada's affordability plan
In this podcast, Ida and Gerry discuss the components of the Canada Affordability Plan. The components are:
Doubling of the GST credit
Canada Dental benefit
Canada Housing Benefit
Blog article detailing the plan: https://www.ufile.ca/tips-and-tools/ufile-blog/ufile-blog/2023/01/10/canada-s-affordability-plan
UFile – Your Taxes, your way
Netherlands