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  2. 2024 Canadian federal budget - Wikipedia

    en.wikipedia.org/wiki/2024_Canadian_federal_budget

    The Canadian federal budget for the fiscal years of 2024–25 was presented to the House of Commons by Finance Minister Chrystia Freeland on 16 April 2024. [1] The budget's slogan is "Fairness for every generation", suggesting the government planned to help younger people.

  3. Income tax in Canada - Wikipedia

    en.wikipedia.org/wiki/Income_tax_in_Canada

    Despite the new tax, the Canadian government ran up considerable debts during the war and was unable to forgo income tax revenue after the war ended. With the election of the Liberal government of Prime Minister William Lyon Mackenzie King , much of the National Policy was dismantled, and income tax has remained in place ever since.

  4. Taxation in Canada - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_Canada

    The federal government levies a value-added tax of 5%, called the Goods and Services Tax (GST), and, in five provinces, the Harmonized Sales Tax (HST). The provinces of British Columbia , Saskatchewan , and Manitoba levy a retail sales tax, and Quebec levies its own value-added tax, which is called the Quebec Sales Tax .

  5. Sales taxes in Canada - Wikipedia

    en.wikipedia.org/wiki/Sales_taxes_in_Canada

    There is a 5% tax on lodging and 5% tax on hotel room fees. New Brunswick: HST: 10: 15 The HST was increased two points to 10% with an overall tax of 15% on July 1, 2016. [6] Newfoundland and Labrador: HST: 10 15 The HST was increased two points to 10% with an overall tax of 15% on July 1, 2016. [7] Northwest Territories: GST: 0: 5 Nova Scotia ...

  6. What are the tax brackets for tax years 2024 and 2025? What ...

    www.aol.com/tax-brackets-tax-years-2024...

    The tax year 2024 maximum Earned Income Tax Credit amount for taxpayers with three or more qualifying children is $7,830, an increase of $400 from tax year 2023. ... the new maximum Earned Income ...

  7. 2024 in Canada - Wikipedia

    en.wikipedia.org/wiki/2024_in_Canada

    June 19 – Canada adds Iran's Revolutionary Guard Corps to its list of terrorist entities. [54] June 21 – The Ontario Science Centre permanently closes over health and safety concerns over the roof, due to failing roof panels. [55] June 22 – Naheed Nenshi wins the 2024 Alberta New Democratic Party leadership election. [56] June 24

  8. Some might see a bigger 2024 tax refund after inflation ...

    www.aol.com/finance/might-see-bigger-2024-tax...

    For the 2023 tax year, the Earned Income Tax Credit (EITC) will increase to $7,430 for qualifying taxpayers who have three or more qualifying children, a $495 gain from $6,935 for the 2022 tax year.

  9. When Is Tax Season? Start Date and How To File Early - AOL

    www.aol.com/finance/2023-2024-tax-season-dates...

    The tax season for tax year 2023 has officially started and you were able to file as early as Jan. 29, 2024. Here are some other important dates: Jan. 1, 2024: The unofficial start of tax season.