What's New: Tax Year 2021
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COVID-19 Working From Home
Simplified format for claiming work-from-home expenses, continues for 2021 Digital News Subscription Tax Credit Up to $500 paid for digital Canadian news subscription Climate Action Incentive New quarterly payment format for 2022 Childcare Access & Relief Credit Ontario credit for 2021 |
Educator's Supply Credit
Up to $1000 for school supplies Canada Training Credit Refundable credit for working Canadians between 25 and 65 who pay tuition. Mandatory Direct Deposit Paper cheques will no longer be issued myCRA App For easy Smartphone access |
What's Upcoming: Tax Year 2022 and Beyond
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Ontario Staycation Tax Credit
New credit upcoming for tax year 2022; keep all Ontario accommodation receipts (hotel, campground, etc) |