Canada Gas Prices Increase The upcoming year is expected to bring about additional expenses for Canadian residents, with gas prices set to rise in 2024. This increase will impact various aspects, including municipal fees, passes, and federal and provincial taxes. Despite hopes for improved living conditions, the high cost of living continues to pose challenges, … Read more
Canada GST Increase 2024 Applying to the majority of products and services sold in Canada, the Goods and Services Tax (GST) is a value-added tax. The two-stage hike planned in the federal budget would raise Canada’s GST rate, which is now 5%, to 9% on 2024. Along with the government’s revenue and expenditures, this move will have … Read more
$2500 American Opportunity Tax Credit The 2024 American Opportunity Tax Credit provides eligible students with $2500 to cover their educational expenses. Students should verify their eligibility for the $2500 AOTC in 2024 to determine if they qualify for the payment. The maximum payment amount is $2500 per student, and individuals can claim it through Form … Read more
During tax season in America, you have the potential to save a significant amount of money by utilizing tax credits. These credits allow you to reduce your income tax obligation on a dollar-for-dollar basis. If you qualify, you can use them to decrease your tax liability and potentially increase your tax refund. The American Opportunity … Read more
$641 GIS Payment Date 2024 Canada’s government continues to introduce various benefits for its citizens, while also levying taxes across multiple departments. Similarly, the government adjusts taxes for residents, while concurrently offering supplementary benefits through various programs such as CB, OAS, CAI, CPP, and others. As part of these initiatives, the federal government is set … Read more
Fortnite Class Action Settlement 2024 The deadline for eligible Fortnite players to submit a claim for the Fortnite Class Action Settlement 2024 against Epic Games has been extended to February 29, 2024. The FTC accused Epic of violating COPPA by using deceptive tactics to encourage in-game purchases and blocking the accounts of users who disputed … Read more
TDS Quarterly Return Due Date Taxpayers must know the deadline for filing tax returns to comply with income tax requirements. It is crucial to be informed about the deadline for filing TDS Quarterly Return 2024 and any potential extensions to avoid penalties or late fees. The deadline for submitting the third quarter TDS return for … Read more
Canada Grocery Rebate Bill 2024 – Due to the rising prices of goods, including food and fuel, we are unable to save. The new Canada Grocery Rebate Bill, also known as Bill C-46, has been approved to help with the increasing cost of living. The government aims to support public health care and combat inflation … Read more
Electricity Bill Rebate Canada The government of Alberta, Canada has introduced the Electricity Bill Rebate Canada 2024 in order to assist Alberta residents. A $500 Monthly Bill Rebate 2024 will be distributed to eligible individuals without the need for application. The rebate amount will fluctuate monthly and will be applied to your electricity bill. Prior to expecting any deductions, … Read more
Canada Hourly Wage Increase 2024 Kindly review this article for comprehensive details about the potential increase in Canada’s hourly wage for 2024 and its effective dates. As a Canadian worker, there’s no doubt that you’re interested in knowing how much your hourly wage could potentially increase in the coming years. The good news is that … Read more