Tag Archives: Tax Deductions

What can you Claim in Family Tax Deductions

If you’re a parent, the Canada Revenue Agency (CRA) offers a number of ways you can save money while raising your child. This is done through various tax credits and tax deductions. Deductions for Child Care Expenses You can use this deduction if you’re using daycare or babysitting facilities while you’re at work. The annual…
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Deductible Dental Expenses

Did you know that most non-cosmetic dental expenses are tax deductible? Read on to find out what you can claim on your tax return. To do this you will use the Medical Expense Tax Credit (METC) and this will allow you to reduce the tax that you have to pay or have already paid. You…
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