What's the "Productivity Mega Deduction"?AllisonOctober 8, 2026If you run a business and buy something like a desk, you have traditionally needed to deduct its cost over several years through capital cost allowance (CCA). On September 15, 2026, the federal government announced the Productivity Mega Deduction, a...
What's with the pickles?AllisonOctober 8, 2026In 2024 we celebrated our first successful tax season as Better Tax with picklebacks at Uncle Abe's in Vancouver and we've been making an annual pilgrimage since...
NETFILE opens today for 2025 returnsJonathanFrom the archives: February 23, 2026Better Tax is officially certified for 2023, 2024, and 2025 Canadian tax returns. File yours today. As usual, though, you may want to wait for more slips (like those pesky T3s, that aren't even due to the CRA until the end of March)...
Tax software for Christmas?JonathanFrom the archives: December 24, 2025Maybe not what you asked for. But we've made an early version of Better Tax 2025 available today, because some decisions are easier when you can see the numbers before the year ends...
And in a twist we all saw coming...AllisonFrom the archives: March 21, 2025Remember the proposed capital gains inclusion rate increase from Budget 2024? First it was meant to start in June 2024. Then it was deferred to January 2026. Today the new federal government announced that it will cancel the proposal altogether...
The Globe and Mail says to wait on capital gains returns. That's not true.JonathanFrom the archives: March 12, 2025There’s been a lot of confusion around filing returns with capital gains this year, compounded by a recent Globe and Mail article citing a CRA release about NETFILE not being ready until “late March”...
Great news—we're certified for capital gainsAllisonFrom the archives: March 11, 2025You can now NETFILE your 2024 return with Better Tax even with capital gains or losses. We're feeling pretty proud. Based on today's update to the CRA's certified software page, we're the first and only product yet certified for capital gains (though I'm sure this will change soon)...
The capital gains inclusion rate change was deferredAllisonFrom the archives: January 31, 2025In April we explained the proposed changes to the capital gains inclusion rate and how that might (or might not) impact you. Well, after a bitter and public battle, the government has officially announced it is postponing these changes...
Budget 2024 proposes an increase to the capital gains inclusion rateAllisonFrom the archives: April 16, 2024Generally, when you sell an investment more more than you paid for it, you have a capital gain. In Canada, not all of that capital gain is included in your taxable income...
What we're doing differentlyAlexFrom the archives: April 15, 2024It's Better Tax' first season and we're proud to share two of the things we're doing differently. First, why should everyone have to store their tax information the same way...
Welcome to Better TaxJonathanFrom the archives: March 15, 2024Looking for a better way to file your 2023 tax return? Well good news: Better Tax has been certified by the CRA for 2023. If you used SimpleTax, hello again...