Hate Taxes? Then You will Love This Little 2021 Tax Cut

By  External Author |   | Posted in " Corporate tax return services, Personal tax return services, Tax consultant, Tax return preparation services "

A tax cut, no matter how small, is an expensive gift to a burdened taxpayer. Canadian taxpayers will receive a little tax cut for the 2021 income year to the tune of $509. The reason is that the basic personal amount (BPA) is increasing again. When you file your tax return next year, the BPA will be $13,808 instead of $13,229.

Read More

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

Article Written By:  Christopher Liew, CFA 

Original Article Posted on:  January 9, 2021 

Link to Original Article: https://www.fool.ca/2021/01/09/hate-taxes-then-youll-love-this-little-2021-tax-cut/