CRA Taxes & Rates

When you convert your RRSP into a Registered Retirement Income Fund (RRIF), you become subject to specific withdrawal rules.  In […]

The Canada Revenue Agency (CRA) sets quarterly interest rates that apply to taxes, overpayments, and prescribed loans.  These rates directly

The CRA prescribed rate is an interest rate set quarterly by the Canada Revenue Agency.  It is used in several

Canada’s tax system uses marginal tax brackets, where portions of your taxable income are taxed at increasing rates.  In 2025,

Canada’s tax system uses marginal tax brackets, meaning different portions of your income are taxed at different rates.  For 2025,

In Canada, the concept of immediate expensing (or full first-year write-off) lets eligible businesses deduct the full cost of certain