Basic Personal Amount – What is the BPA Tax Credit and How It Can Save You $2,355?
When filing income tax, Canadian taxpayers can benefit from various tax credits offered by the Canada Revenue Agency (CRA). One such credit is the Basic Personal Amount (BPA), a non-refundable tax credit based on the basic personal amount. Basic Personal Amount The Basic Personal Amount is a non-refundable tax credit available to all Canadian taxpayers. … Read more