Tax Tips: Second Quarter 2025 - Buckberger Baerg & Partners LLP

Services
We are problem solvers and solution providers
From preparing financial statements for your stakeholders to keeping your books in order, we can help you with all your accounting and financial needs.
Team
Culture
We are proud to be from Saskatchewan.
We are always looking for ways to give back and enhance the communities we live in, work in, and play in.
- In the Community
- Sustainability
Careers
Client Support
A wealth of resources.
Tips, tools, and much more to help serve you.
Contact Us

We provide tax tips on available benefits, CRA policies, and more.

2ND QUARTER 2025 TAX TIPS

Overview

Canada Disability Benefit: New Support!

The Canada disability benefit is a new monthly payment for working-age persons with disabilities who have low income. The first payments will be made in July 2025.

Losses From Personal Scams: No Tax Deduction Available

A June 18, 2024 Technical Interpretation discussed the tax treatment of losses resulting from a personal scam, as opposed to an investment scam.

Tax Relief: Support for Those Impacted by Tariffs

In response to the tariffs, the federal government has announced several measures to support businesses and individuals.

GST/HST Registration and Remittance Taxpayer Relief

If an employee is a relative of the business owner, confirm whether their income is insurable or not, as this affects EI premiums and benefit eligibility.