In Canada, like most of the countries, you have to pay taxes from the income provided by your job. But what happens when you do not have a job, do you still have to pay taxes? In short, you have to pay taxes from your income, and even if you do not have a job, most...
When filing your tax return, you can apply for various tax credits. Such credits can potentially reduce the amount of taxes you have to pay to the Canada Revenue Agency (CRA). What are refundable and non-refundable tax credits, and what is the difference between the...
