Tax Update 2021

A new tax season is upon us! Find out what’s new in this year’s tax return with Ida and Gerry. The topics discussed:

Home office expenses - extension of the temporary flat rate method

Canada workers benefit (CWB) enhancement

COVID-19 benefits repayment

Climate action incentive (CAI) now paid as a benefit

Eligible educator school supply tax credit enhancement

We also discuss tax changes in Quebec.

For more details on these changes, please view our blog article: https://www.ufile.ca/tips-and-tools/ufile-blog/ufile-blog/2022/02/08/tax-update-2021

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