Once again, we are happy to share good news for Canadians in the form of tax cuts for families, this time it is immediate and will take effect in the 2014 and subsequent tax years. These changes give parents of children under the age of eighteen a new tax credit option. This new tax credit comes on the heels of the previously shared Universal Child Care Benefit proposal for 2015 for children under the age of 6. Of course, there are rules and we have outlined them in this month’s newsletter.
To find out more about how this may affect you this year, use these links to read the complete article ( look for the red banner on the bottom left of our website home page) on our website, blog or twitter posts: