Canada Budget 2025 to Include New Tax Credit for Personal Support Workers

Canada's Department of Finance has issued a release on Budget 2025, with a focus on investing in Canadian workers. With respect to specific tax measures, the release notes the introduction of a temporary five-year Personal Support Workers Tax Credit from 2026 to 2030, allowing eligible workers to claim a refundable tax credit equal to 5% of their eligible earnings, providing support up to CAD …
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