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New Procedure Where a file resolution (audit agreement) is being considered that meets one of the criteria above, the team leader or file manager will refer the file to AFRCCRDVG@cra-arc.gc.ca. ...

This amount will be applied toward any tax owing and will be considered received on the date your return is assessed. ...

NETFILE restrictions The service is available daily with the following exceptions: 3 am to 6 am ET for daily maintenance February 1 to 23, 2025 for tax year updates Applicable to the current calendar year or tax year being filed, you are not able to use this service if you are filing: A deceased taxpayer return A bankruptcy return You are not able to use this service if you are: Considered a deemed resident (that is, you don’t have to pay provincial or territorial tax) Electing to defer tax on a distribution of spin-off shares by foreign corporations If you are filing multiple returns on behalf of family members or friends If you are registered for Represent a Client (RAC) to act on behalf of others, you may file up to 20 returns per computer or CRA account for each tax year. ...

The following may be considered when determining operating expenses: Prepaid expenses Accounting and legal fees Advertising expenses Business tax, fees, licenses and dues Insurance expenses Interest and bank charges Maintenance and repairs Meals and entertainment Office expenses Salaries, including employer's contributions Business start-up costs Motor vehicle expenses Prepaid expenses A prepaid expense is an expense you pay ahead of time. ...

The person: has been living with you in a conjugal relationship and this current relationship has lasted at least 12 continuous months In this definition, “12 continuous months” includes any period you were separated for less than 90 days because of a breakdown in the relationship. is the parent of your child by birth or adoption has custody and control of your child (or had custody and control immediately before the child turned 19 years of age) and your child is wholly dependent on that person for support Designated education institutions Designated educational institutions include: Canadian universities, colleges, and certain other educational institutions Canadian educational institutions certified by Employment and Social Development Canada (ESDC) providing courses that develop or improve skills in an occupation, other than courses designed for university credit Universities outside Canada where the qualifying student is enrolled in a course that lasts at least three consecutive weeks and leads to a degree at the bachelor level or higher Universities, colleges, or other educational institutions in the United States that give courses at the post-secondary school level if the qualifying student is living in Canada (near the border) throughout the year and commutes to that institution Fair market value (FMV) Is generally considered to mean the highest price expressed in terms of money that can be obtained in an open and unrestricted market between informed and prudent parties, who are dealing at arm’s length and under no compulsion to buy or sell. ...

The stamp must: be in a conspicuous place on the package seal the package remain affixed after the package is opened not interfere with the stamp’s security features not obstruct information required by an Act of Parliament – such as labelling requirements from Health Canada A vaping product is considered packaged when it is packaged in the smallest package (including any outer wrapper, package, box, or other container) in which it is sold to the consumer. ...

References Legislation ITA: 6 Amounts to be included as income from office or employment ITA: 6(1)(a) Value of any benefit is to be included as income from office or employment ITA: 6(1)(b) Allowance for any purpose CPP: 12(1) Amount of contributory salary and wages ETA: 173 Taxable benefit is considered a supply for GST/HST purposes IECPR: 2(1) Amount of insurable earnings IECPR: 2(3) Earnings from insurable employment IECPR: 2(3)(a.1) Earnings from insurable employment – amount excluded as income under 6(1)(a) or (b), 6(6) or (16) of the ITA Examples of employment duties Employment duties may include when the employee actively engages in a business meeting, negotiation, discussion, or other bona fide business transaction during the event on your behalf. ...

Under the CRA administrative policy for gifts, awards, and long-service awards, gift cards that meet all of the conditions may be considered non-cash. ...

Expenses that do not qualify Expenses that do not qualify include: Annual, recurring or routine repair or maintenance Household appliances Electronic home-entertainment devices Housekeeping, security monitoring, gardening, outdoor maintenance or similar services Financing costs for the qualifying renovation Goods or services provided by a person not dealing at arm’s length with the individual unless that person is registered for GST/HST under the Excise Tax Act Expenses that can reasonably be considered to have been reimbursed Expenses not supported by receipts Expenses that have already been claimed under the medical expense tax credit or home accessibility tax credit, or both Maximum amount of expenses you can claim An eligible individual can claim up to $50,000 in qualifying costs for one qualifying renovation that was completed in the tax year. ...

Impact on other credits and benefits Expenses that may be included in an MHRTC claim must be reduced by any expenses that can reasonably be considered to have been reimbursed. ...