2025 Life in the Tax Lane from Video Tax News (VTN) We're pleased to be able to share these
informative videos from Video Tax News. They
are not too long, cover a wide range of topics,
and are quite entertaining! Once you view
them, you can search our site for information
on these or other topics - see the search box near
the
top of any page on our site. The links under each video
provide the sources for the information in the
video.
The videos are 10-minute rapid-fire discussions of select recent developments in the wonderful world of Canadian tax
presented by the Video Tax News
Team, for Canadian Tax and Financial Professionals.
Video Tax News has seminars
focusing on corporate and personal tax
Life in the Tax Lane - July 2025
Life in the Tax Lane - June 2025
Life in the Tax Lane - May 2025
Life in the Tax Lane - April 2025
Life in the Tax Lane - March 2025
Life in the Tax Lane - February 2025
Life in the Tax Lane - January 2025
June 25, 2025
Topics :
First-Time Home Buyers GST Rebate
Bill
C-4, Making Life More Affordable for Canadians Act GST relief for first-time home buyers on new homes valued up to $1.5 million
Proposed US Tax Change Impact on Canadian Investors
New U.S. income tax proposal on non-resident withholding taxes what Canadian investors with U.S. securities need to know The tax hit to Canadians from Trump's 'big beautiful' bill could be tremendous H.R.1 - One Big Beautiful Bill Act
Electronic Payments CRA Enforcement
Uncashed Cheques from CRA
Canada Disability Benefit Online Application
New Online CRA Tool Penalty and Interest Relief
CRA Nudge Letters and Online Sales
Tax Update
TaxTips.ca Resources First-Time
Home Buyers' GST Rebate (FTHB)
Withholding
Tax on Foreign Dividends
Uncashed
Tax Refund Cheques
Canada Disability
Benefit
Late
Filing of a Tax Return / Late Filing Penalties and Interest
May 28, 2025
Topics :
New Government Tax Changes
Canada
Strong - Mark Carney's Plan Canada
Strong - Fiscal and Costing Plan Prime
Minister of Canada Mandate Letter
Personal Tax Rate Reduction
Government
of Canada delivering middle class tax cut T4127-JUL
Payroll Deductions Formulas Effective July 1, 2025
Capital Gains Exemption 2024 Assessment Errors
Late
Breaking : CPA Canada has reported that CRA is aware of incorrect assessments related to the lifetime capital gains exemption and will take corrective action. No action is required by affected taxpayers.
CRA Online Mail for Businesses
Represent a Client Employer Responsibility
TaxTips.ca Resources 2025
Tax Rate Reduction and First-Time Home Buyers' GST Rebate
Canadian
Tax Calculators Updated for Reduced Tax Rate
Online
Mail Becoming the Default for Businesses
April 30, 2025
Topics :
Delayed Tax Slips
Repeated Failure To Report Income Returns Filed Concurrently:
CRA:
False reporting or repeated failure to report income T.I.
2024-1032121I7 Penalty for repeated omissions
Trust Reporting CRA Guidance Update
Form T1135 Multiple Penalties
- Azmayesh-Fard v. The King, 2025 TCC 20
Transition To CRA Digital Mail For Businesses
Canadian Dental Care
Plan
TaxTips.ca Resources Auto-Fill
of Tax Return (AFR) - Must Be Checked! Especially for 2024 Tax Returns!!
Late
Filing of a Tax Return / Late Filing Penalties and Interest
Bare
Trusts
Foreign Asset Reporting -
Form T1135 Foreign Income Verification Statement
CRA My Business Account
Canada Dental
Care Plan (CDCP)
February 28, 2025
Topics :
Gig Workers
Gig
workers that didn't plan to report all gig income this tax season CRA
- Reporting Rules for Digital Platforms
Federal Carbon Tax
Canada
Gazette Part II March 15, 2025 CBC News - Carney kills consumer carbon tax in first move as prime minister
Taxpayer Relief Capital Gains Inclusion Rate
CPA Canada - Need to know: CRA announced penalty relief for taxpayers CRA - Update on the filing of information returns
Late Breaking News: On March 21, 2025 Prime Minister Mark Carney announced the cancellation of the proposed increase to the capital gains inclusion rate.
Ombudsperson's Report on Bare Trust Rules
TaxTips.ca Resources Canada
Carbon Rebate - Final Payment April 2025
Canada
Carbon Rebate for Small Businesses is Taxable
Capital
Gains Inclusion Rate
Bare
Trusts
February 28, 2025
Topics :
Personal Tax Filing Statistics
Reporting Rules For Digital Platform Operators
Delayed Filings:
CRA:
Tax season starts on February 24! Here's what you need to start filing CRA:
Update on the filing of information returns CPA Canada helps navigate tax uncertainty
Capital Gains:
Update on CRA's administration of the proposed capital gains taxation changes CPA Canada helps navigate tax uncertainty
Charitable Contribution Extension
Individual Canada Carbon Rebate Rural Supplement
CPA Canada helps navigate tax uncertainty CRA: Canada Carbon Rebate
(CCR) for individuals
TaxTips.ca Resources Filing Your Personal Tax Return
Inclusion Rate
(IR) for Capital Gains and Losses
Donation Tax Credit Line 34900
Carbon
Rebate Supplement
for Residents of Small and Rural Communities
January 30, 2025
Topics :
Uncertain and Unlegislated Proposals:
CPA
Canada - Prorogation puts tax legislation in limbo Here's
how capital gains tax changes will work after Parliament prorogued Proclamation Proroguing Parliament to March 24, 2025:
SI/2025-9 Clarifying the CRAs approach in administering the proposed tax measure to extend the 2024 charitable donations deadline
Select 2024 and 2025 Developments
Late Objections
- Antrobus v. Canada, 2024 FCA 143
Automatic Tax Filing?
Donation by Spouse Prior to Marriage
- 2024-1022711E5
Losses From Personal Scams
- 2023-0994641I7
TaxTips.ca Resources CRA
Proceeding With Implementation of Inclusion Rate Increase Despite No Legislation
Passed / Interest Relief
CRA Online
Mail Service
Bare Trusts Not Required to File T3 Return for 2024 Unless Requested
Donation Tax Credit Line
34900 - Donation Deadline Extension
December 30, 2024
Topics :
GST/HST Temporary Holiday:
GST/HST
Break GST189
General Application for GST/HST Rebate
2024 Fall Economic Statement Select Issues
T-slip Update:
CRA
responds to questions from Canada's CPAs Trust
information returns - slips and summaries T5
slip
CEWS Reviews:
Compliance snapshot Canada Emergency Wage Subsidy for businesses Investment Accounting Solutions Inc. v. The King - 2024 TCC 146
Underused Housing Tax Select Issues:
Underused
Housing Tax CRA
responds to questions from Canada's CPAs T2062 Request by a Non-Resident of Canada for a Certificate of Compliance Related to the Disposition of Taxable Canadian Property Voluntary
Disclosures Program (VDP)
TaxTips.ca Resources GST/HST
"Vacation"
Working
Canadians Rebate
Underused Housing
Tax
Voluntary
Disclosures Program
Prior Year Life in the Tax Lane Videos: 2024 Life in the Tax Lane
2023 Life in the Tax Lane
2022 Life in the Tax Lane
2021 Life in the Tax Lane
2020
Life in the Tax Lane
2019
Life in the Tax Lane
2018
Life in the Tax Lane
2017
Life in the Tax Lane
2015
& 2016 Life in the Tax Lane
Revised: June 25, 2025
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