Debts the Canada Revenue Agency collects The Canada Revenue Agency (CRA) collects amounts owing such as: individual income tax payroll deductions GST/HST remittances corporation income tax customs, excise, and other levies benefit overpayments including: Canada child benefit GST/HST credit The CRA also collects the following amounts owed for other government programs: defaulted Canada Student
Each summer, following the tax filing season, the Canada Revenue Agency (CRA) uses information from an individual’s income tax and benefit return, along with the return of their spouse or common-law partner, to calculate benefit and credit payments for the upcoming year. Starting in July, eligible benefit and credit recipients may notice changes to
Almost all income you earn in Canada is considered taxable income. However, the Canadian government has deemed some income as exceptions to the taxable rule. You do not have to report certain amounts in your income, including the following: any GST/HST credit and Canada Child Benefit payments, including those from related provincial or territorial programs; child assistance payments and
The Child Disability Benefit (CDB) is a tax-free benefit for families who care for a child under age 18 who is eligible for the Disability Tax Credit (DTC). Not all children with a disability qualifies for the CDB. To be eligible for the Child Disability Benefit, the child must have a severe and prolonged