CRA Updates Jason Smith CRA Updates Jason Smith

Brush up on your tax literacy for back to school

It’s time to hit the books again! As you’re getting ready to go back to school, there are some important things about benefits, credits, and taxes to keep in mind. Get organized now so you’ll get the benefits and credits that you’re entitled to and save yourself some headaches later.

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CRA Updates Jason Smith CRA Updates Jason Smith

Get ready: the CRA is in its summertime benefit period!

We know how fast a Canada summer can pass us by, so we wanted to let you know about the Canada Revenue Agency (CRA)’s good news before you head off-grid to enjoy all of the natural wonders Canada has to offer!

Whether you already receive benefits and credits from the CRA, or not yet, we want you to know what’s new and what’s being updated this month since it might impact you!

This July will be exceptionally busy for CRA benefits and credits. We are offering new payments that you may be eligible for and adjusting existing amounts for the new benefit year!

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CRA Updates Jason Smith CRA Updates Jason Smith

CCB young child supplement, 2021

The Government of Canada proposed an additional supplement be offered to families entitled to the Canada child benefit (CCB) with children under the age of six for the year 2021 to provide relief during Canada’s recovery from COVID-19. The CCB young child supplement (CCBYCS) is part of Canada’s Building Back Better plan to support Canadians during this period of recovery.

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CRA Updates Jason Smith CRA Updates Jason Smith

Performance audit of the Canada child benefit (CCB)

The Canada child benefit (CCB) has a major impact on the lives of middle-class Canadians, helping over 3.3 million families with the cost of raising children under 18 years of age. In its report, the Auditor General notes that the CRA ensures accurate and timely CCB payments to millions of eligible families

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