Canada Revenue Agency: 2 Big Changes to Be Aware of in 2021

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Corporate Income Tax Ottawa ON

The Canada Revenue Agency’s (CRA) announcements late last year include two significant changes in 2021. Canada Pension Plan (CPP) users and Canadian investors are the beneficiaries of increased CPP contribution rates and the new Tax-Free Savings Account (TFSA) annual contribution limit.

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Original Article Source Credits:   The Motley Fool , https://www.fool.ca/

Article Written By:  Christopher Liew, CFA 

Original Article Posted on:  January 5, 2021

Link to Original Article:  https://www.fool.ca/2021/01/05/canada-revenue-agency-2-big-changes-to-be-aware-of-in-2021/

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