This July, the Canada Revenue Agency (CRA) expanded its SimpleFile services (phone, digital, and paper) to invite more than 500,000 eligible lower-income individuals to file their return and potentially gain access to important benefit and credit payments.

As of June 20, 2024, certain psychotherapists and counselling therapists are no longer required to collect the GST/HST on their services. The Canada Revenue Agency wants to ensure that all providers of these types of services have the information they need to determine their tax situation and take any next steps, such as closing their GST/HST account.

The July 15 deadline approaches to be eligible for the Canada Carbon Rebate for Small Businesses. This refundable tax credit announced in Budget 2024 returns a portion of federal fuel charge proceeds directly to an estimated 600,000 small and medium businesses.