Eligible Deductions for Airbnb Rental
In the eyes of the CRA, any income earned by renting out your home or other property is considered to be rental income – even
In the eyes of the CRA, any income earned by renting out your home or other property is considered to be rental income – even
On top of the income tax implication, Airbnb (short-term rental) owners are also required to charge HST taxes on the gross rental revenue on behalf
Like other, more traditional, rentals, Canada Revenue Agency (CRA) has specific rules surrounding How Airbnb Rental Income is Taxed in Canada, which you should become familiar with
In the eyes of the CRA, any income earned by renting out your home or other property is considered to be rental income – even
The new account blends the best of the Registered Retirement Savings Plan (RRSP) and the Tax-Free Savings Account (TFSA). It comes with some sweet tax breaks on contributions (just
Child care expenses in Canada can be claimed for the purposes of earning a living or going to school, this will, in turn, reduce your
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