CRA: Big Changes for Income Tax and CPP in 2021

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Corporate Income Tax Ottawa ON

It’s been an interesting year — which makes it a complicated tax year. In November, 2020, the Canada Revenue Agency (CRA) announced several important updates to its programs that taxpayers and investors may need to pay close attention to before the deadline. 

Here are the CRA’s biggest changes for the income tax system and the Canadian Pension Plan (CPP). 

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

Article Written By:  Vishesh Raisinghani

Original Article Posted on:  March 5, 2021

Link to Original Article:  https://www.fool.ca/2021/03/05/cra-big-changes-for-income-tax-and-cpp-in-2021/

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