Frequently Asked Questions

What happens to my TFSA if I depart Canada and become a non-resident?

As a small business owner, should I take salary or dividends?

What is the GST/HST of a new residential rental property (NRRP) rebate?

If I rent out part of my home while still living in it, are there any tax consequences?

Why does the CRA review/pre-assess individual tax returns and what do they usually look for?

As a non-resident of Canada, how do I recover the withholding tax I paid on Canadian rents received?

Are personal meals expenses incurred while travelling on business fully deductible?

Can I deduct the life insurance premiums I pay on my tax return?

What is pension income splitting?

What are common expenses that are not deductible for tax purposes for corporations?