Now is the perfect time to take a photo of your odometer. If you are self employed and do not track your business-related driving, the CRA will disallow all auto expenses.
Have questions? Give us a call at 905-571-2665 (BOOK)!
The RRSP contribution limit for 2021 will increase to $27,830 from the previous limit of $27,230. No need to worry if you don’t have the cash to meet that limit up front. It carries forward until you turn 71, when the RRSP must be used.
Have questions? Give us a call at 905-571-2665 (BOOK)!