taxes

Taxes are going up slightly for homeowners in 2021 to give businesses a break. (Jennifer Smith - Morning Star)

Tax shifts burden from Vernon businesses to homeowners

New rate for residential 2.67 per cent or $42 for average home

 

Josee Cabral is seen in her office in Chateauguay, Que. on Thursday, March 25, 2021. THE CANADIAN PRESS/Paul Chiasson

Watch the details to help avoid financial headaches when filing your tax return

Small, easily avoidable mistakes could end up costing you if you’re not careful

 

The Canada Revenue Agency says some taxpayers who repaid COVID-19 related benefits in 2020 are getting incorrect tax slips. THE CANADIAN PRESS/Justin Tang

CRA says ‘rare’ error in some tax slips lists repaid CERB as taxable income

‘These repayments can be properly and easily credited to the correct account,’ assures CRA spokesperson

 

The Canada Revenue Agency says there were 32 tax fraud convictions across the country between April 2019 and March 2020. (Pixabay)

Vancouver man sentenced to 29 months, fined $645K for tax evasion, forgery

Michael Sholz reportedly forged documents to support ineligible tax credits linked to homeownership

The Canada Revenue Agency says there were 32 tax fraud convictions across the country between April 2019 and March 2020. (Pixabay)
A person looks at a Canada Revenue Agency homepage in Montreal, Sunday, August 16, 2020. The Canada Revenue Agency says some taxpayers were locked out of their online accounts even though it wasn’t the victim of a cyberattack. THE CANADIAN PRESS/Graham Hughes

CRA locks some online taxpayer accounts that may have been accessed by outsiders

CRA notified taxpayers Tuesday that their email address had been removed from their account

A person looks at a Canada Revenue Agency homepage in Montreal, Sunday, August 16, 2020. The Canada Revenue Agency says some taxpayers were locked out of their online accounts even though it wasn’t the victim of a cyberattack. THE CANADIAN PRESS/Graham Hughes
Starting Monday, Nov. 9, 2020, the District of Lake Country will require visitors at all indoor public facilities to wear masks, as part of enhanced COVID-19 safety protocols. (Brendan Shykora - Morning Star)

Lake Country sticking with proposed 3.25% tax increase

Residents demand road improvement and relief during COVID-19 impacts

Starting Monday, Nov. 9, 2020, the District of Lake Country will require visitors at all indoor public facilities to wear masks, as part of enhanced COVID-19 safety protocols. (Brendan Shykora - Morning Star)
This Aug. 13, 2020 photo shows a logo for Netflix on a remote control in Portland, Ore. Netflix Inc. THE CANADIAN PRESS/AP/Jenny Kane

PBO says taxing services like Netflix could yield feds $1.3 billion

The report goes on to say that consumers may change their habits if they start facing higher costs

This Aug. 13, 2020 photo shows a logo for Netflix on a remote control in Portland, Ore. Netflix Inc. THE CANADIAN PRESS/AP/Jenny Kane
The Canada Revenue Agency (CRA) headquarters Connaught Building is pictured in Ottawa on Monday, Aug. 17, 2020. nbsp; THE CANADIAN PRESS/Sean Kilpatrick

Taxpayers’ watchdog sees complaints spike, raising worries about pandemic tax season

Just a few weeks ago, the CRA sent out letters to 441,000 people questioning their eligibility for the CERB

The Canada Revenue Agency (CRA) headquarters Connaught Building is pictured in Ottawa on Monday, Aug. 17, 2020. nbsp; THE CANADIAN PRESS/Sean Kilpatrick
City of West Kelowna mowing services have been moved in house, saving the city from a potential quarter-million dollar increase in costs. (Pixabay)

West Kelowna cuts mowing contract, saves over $200k

Since forming in 2007, the City of West Kelowna has been contracting out their mowing services

City of West Kelowna mowing services have been moved in house, saving the city from a potential quarter-million dollar increase in costs. (Pixabay)
Several road closures were in effect Jan. 13 due to downed trees, but meanwhile many residents are hoping Lake Country will invest in fixing damaged roads in 2021. (District of Lake Country photo)

Lake Country trims tax increase back to 3.25 per cent

Proposed hike now down slightly from 3.49, discussions continue

Several road closures were in effect Jan. 13 due to downed trees, but meanwhile many residents are hoping Lake Country will invest in fixing damaged roads in 2021. (District of Lake Country photo)
Lake Country taxpayers could be on the hook for a 3.49 per cent tax increase in 2021. (Brendan Shykora - Calendar staff)

Lake Country considers 3.49 per cent tax increase

Parks, police and CPI make up majority of hike

Lake Country taxpayers could be on the hook for a 3.49 per cent tax increase in 2021. (Brendan Shykora - Calendar staff)
Design for the Woodsdale Waterfront Park is among the items budgeted for in 2021 in Lake Country, at an estimated $400,000. (District of Lake Country image)

Park priority pushes up Lake Country taxes

Proposed 1.25 per cent tax increase over four years to cover park plans

Design for the Woodsdale Waterfront Park is among the items budgeted for in 2021 in Lake Country, at an estimated $400,000. (District of Lake Country image)
The landing page for the Canada Emergency Response Benefit is seen in Toronto, Monday, Aug. 10, 2020. THE CANADIAN PRESS/Giordano Ciampini

CERB recipients should be prepared to pay income tax on payments, experts say

The amount you received is considered taxable income, but Ottawa did not deduct any tax

The landing page for the Canada Emergency Response Benefit is seen in Toronto, Monday, Aug. 10, 2020. THE CANADIAN PRESS/Giordano Ciampini
City of Vernon financial services director Debra Law (left) accepts the Government Finance Officers Association’s Distinguished Budget Presentation Award for its 2020 budget from Mayor Victor Cumming. (Jennifer Smith - Morning Star)

Vernon sets sights on 4.47 per cent tax increase

2021 budget calls for raise amounting to $69 for average home

City of Vernon financial services director Debra Law (left) accepts the Government Finance Officers Association’s Distinguished Budget Presentation Award for its 2020 budget from Mayor Victor Cumming. (Jennifer Smith - Morning Star)
Minister of Seniors Deb Schulte speaks during a press conference on Parliament Hill during the COVID-19 pandemic in Ottawa, Thursday, June 4, 2020. The federal government says tens of thousands of seniors are at risk of losing benefits because they haven’t yet filed their taxes. THE CANADIAN PRESS/Sean Kilpatrick

Federal Liberals make plea for seniors to file taxes as thousands at risk of losing benefits

Seniors Minister Deb Schulte says Service Canada has sent reminders to the 63,000 to file their returns

Minister of Seniors Deb Schulte speaks during a press conference on Parliament Hill during the COVID-19 pandemic in Ottawa, Thursday, June 4, 2020. The federal government says tens of thousands of seniors are at risk of losing benefits because they haven’t yet filed their taxes. THE CANADIAN PRESS/Sean Kilpatrick
BC Liberal tax cut proposal a $7.5 billion revenue hit

BC Liberal tax cut proposal a $7.5 billion revenue hit

Canadian Taxpayers Federation endorses PST elimination for one year, but acknowledges challenges to balance to the budget

BC Liberal tax cut proposal a $7.5 billion revenue hit
Taxman will seek COVID assistance clawback in 2021

Taxman will seek COVID assistance clawback in 2021

Government can’t afford to ignore tax on CERB and other assistance payments

Taxman will seek COVID assistance clawback in 2021