Tax
Medical Expense Tax Credit in Canada: What Counts, Thresholds and How to Maximize It
Paying medical bills in Canada? Claim eligible costs above the 2026 threshold of $2,890 or 3% of net income. Book a free tax review with Bestax.
Our Team
Irfan Imtiaz | APFA, CA
Sr. Accountant & Tax Consultant
Fact checked 55 articles on this site.
Reviewed
Articles fact checked by Irfan Imtiaz
Trust Setup
Employee Ownership Trust in Canada: Sell Your Business to Your Team
Sell your business to your employees through an EOT and shelter the first $10 million of the gain, now permanent under Bill C-30. How the sale works, the tax breaks, the conditions and when an EOT fits.
Tax
RRSP Guide: Contribution Limits, Deadlines and Withdrawal Rules
A plain English guide to RRSP contribution limits, the RRSP deadline, contribution room and withdrawal rules, with official CRA figures for 2026.
Accounting
How to Incorporate a Business in Alberta: Costs, Steps and Requirements for 2026
To incorporate a named business in Alberta, you obtain an Alberta NUANS report, prepare your Articles of Incorporation and related notices, and submit the package through an authorized Alberta registr
Tax
Self-Employed Taxes in Canada: Complete Guide
Self-employed taxes in Canada are the income tax and Canada Pension Plan contributions you pay on the profit from your own business, reported on your personal tax return using Form T2125 . If you earn
Tax
Departure Tax Canada 2026: How Much You'll Pay When Leaving Canada
Canada's departure tax in 2026 is not a flat exit fee, it is a capital gains tax triggered when you stop being a tax resident, calculated as if you sold most of your worldwide property on the day you
Tax
Taxation of Rental Income in Canada: Tax Rates, Deductions and Filing Rules for 2026
Rental income in Canada is taxed as ordinary income at your marginal federal and provincial tax rates after you subtract eligible expenses, so what you actually pay depends on your total income and th
Tax
What Is Line 10100 on Tax Return in Canada?
Line 10100 on your Canadian tax return is where you report your total employment income for the year, your salary, wages, tips, commissions, bonuses, gratuities, and honoraria. For most people, it is
Tax
How to Apply for the Disability Tax Credit in Canada (2026)
The Disability Tax Credit (DTC) is a non‑refundable federal tax credit for Canadians with severe and prolonged impairments in physical or mental functions. Its purpose is to reduce income tax payable,
Tax
How Input Tax Credits Work in Canada for GST/HST: A Complete Business Guide
If you're a GST/HST-registered business in Canada, you're likely paying sales tax on dozens of purchases every month, including software subscriptions, office rent, professional fees, vehicle expenses
Tax
Luxury Tax in Canada (2026 Rules, Vehicle Threshold, Calculation & Exemptions)
Canada’s federal luxury tax (formally the Select Luxury Items Tax ) is administered by the Canada Revenue Agency (CRA). It came into force on 1 September 2022 and was initially applied to high‑priced
Accounting
What Is Line 15000 on a Tax Return in Canada?
Line 15000 , formerly known as line 150, this field was expanded to five digits in 2019. It’s a crucial figure because it determines your eligibility for government benefits and credits and is used to
Our Team
The rest of the team
Haseeb HamdaniLead Advisor · Director Accounting & Taxation
Athira SunilBusiness Consultant
Anusha Maharjan | ACCAAccountant & Tax Consultant
Riya FrancisClient Advisor
Maham MehmoodBusiness Consultant
Zahra MoonAccountant
Angela JoyceBusiness Consultant
Zaki ur Rehman CATax Consultant · 10+ Years ExperienceTalk to the team directly
Send us what you are dealing with and the right person will come back to you within one business day.