The 2022 tax filing deadline is May 1, 2023
By now, most Canadians will have received their income tax slips from their employers. This year’s Canada Revenue Agency filing deadline for 2022 taxes is May 1.
Personal income tax credits are listed online by the CRA, and there is also an online overview of child and family benefits parents may wish to review as they do their taxes. Among a host of old tax credits, Gerry Vittoratos, a national tax specialist at online tax filing service UFile, has four new lesser-known credits people may wish to be aware of.Credit for individuals who buy what the government considers a “first home” in the tax year. This credit has doubled from $5,000 to $10,000 .Credit for renovation expenses incurred to make a home more accessible — such as railings in a bathroom, wheelchair ramps, etc.
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