CRA Updates Jason Smith CRA Updates Jason Smith

Reminder - Apply by June 30 for period two of the interim Canada Dental Benefit!

The deadline to apply for the second and last benefit period of the interim Canada Dental Benefit (CDB) is fast approaching – apply by June 30! Don’t miss out on your opportunity to get up to $650 per child for dental care. To be eligible, your child must have received dental care between July 1, 2023, and June 30, 2024.

The information below will help guide you through some of the important questions that you might have when it comes to eligibility, how to apply, and how you can get your payments quickly.

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CRA Updates Jason Smith CRA Updates Jason Smith

Employers and pension plan administrators: Changes coming to T4/T4A reporting

Beginning with the 2023 tax year, issuers (including employers and pension plan administrators) of the T4 Statement of Remuneration Paid and T4A Statement of Pension, Retirement, Annuity, and Other Income must report on a T4 or T4A slip whether, on December 31st of the taxation year to which the information return relates, a payee or any of their family members were eligible to access dental insurance, or dental coverage of any kind, including health spending and wellness accounts, due to their current or former employment.

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