Category: Uncategorized
💡 How to Avoid Common Financial Mistakes Newcomers Make in Canada
EN | FR Moving to 🇨🇦 Canada? Exciting! 🎉 But here’s the truth: navigating money in a new country isn’t always easy. From credit scores to taxes, many newcomers slip up and lose $$$ because they don’t know the system. At Unity Financial Services, we’ve seen it all — and we’re here to make sure…
💰 Tax Saving Options in Canada: What’s New for 2025
By Unity Financial Services – Helping Canadians Save Smarter Tax planning in Canada is never static. Each year, new rules and policy changes create fresh opportunities — and sometimes risks — for individuals, families, business owners, and investors. Here’s what actually changed at the federal level in 2025, and how you can plan smarter to…
💰 GST/HST Credit in Canada (2025–2026): Exactly How Much You Can Get?
If you have low to modest income, the GST/HST credit is a simple way to get tax-free money back, four times a year. Below we explain who qualifies, how amounts are calculated, the updated 2024-base-year figures, and how Unity Financial Services makes sure you don’t leave money on the table. ✅ What is the GST/HST…
Daily Tax Tip: Don’t Miss These Overlooked Deductions Before You File!
As we head into the fall, many Canadians are already getting organized for next year’s tax season. If you’re looking to boost your refund or lower your balance owing, today’s tip is for you. Three Commonly Missed Tax Deductions and Credits: Quick Reminder: RRSP Contributions Still Matter! For the 2025 tax year, the RRSP contribution…
2025 Tax Filing: Corrected Figures and Preparation Checklist
Preparing a return for the 2025 tax year — and with it, the Canada Revenue Agency (CRA) publishes rules and updates that affect both individuals and businesses. Whether you’re filing for the first time or you’re an experienced taxpayer, understanding these changes can help you identify eligible claims, organize your records and understand filing obligations.…
What are Welcome to Canada Benefits?: Essential Federal Benefits for Newcomers
Settling into a new country can be challenging—but Canada offers meaningful support for newcomers from day one. Whether you’re a permanent resident, protected person, or temporary resident (such as a student or worker), there are numerous federal benefits and credits designed to ease your transition and help your family thrive. In June 2025, the Canada…
How to Make a CRA Account?
If you are a Canadian taxpayer, having access to your CRA (Canada Revenue Agency) My Account is almost essential. Whether you’re checking your RRSP deduction limit, tracking your tax return status, managing benefit payments like the Canada Child Benefit (CCB), or accessing your T4 slips online — the CRA account makes all of it possible…
GST/QST/HST Survival Guide for Small Businesses
Running a small business in Canada is exciting — but it also comes with responsibilities, especially when it comes to sales taxes. Between GST (Goods and Services Tax), QST (Québec Sales Tax), and HST (Harmonized Sales Tax), things can get confusing quickly. This simple guide will help you stay compliant, avoid penalties, and keep your…
Enhanced Trust Reporting Requirements
Blog Details Enhanced Trust Reporting Requirements As of December 31, 2023, new reporting requirements for trusts have taken effect in Canada. All trusts, unless specific conditions are met, must file a T3 return for tax years ending after December 30, 2023. Many trusts, including bare trusts, will need to file for the first time. The…
Here Are The Important Dates You Need To Know Regarding Recent Changes
Blog Details Here Are The Important Dates You Need To Know Regarding Recent Changes Individuals : Federal & Quebec Individuals : Federal & QuebecFiling Deadline: April 30, 2024Payment Due Date: April 30, 2024Self-employedFiling Deadline: June 15, 2024Payment Due Date: June 15, 2024Trusts with a tax year end of Dec 31, 2021Filing Deadline: March 30, 2024Payment…