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Form No 3130a LIC

Form No 3130a LIC

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Instructions and help about Form No 3130a LIC

hello and welcome back to my channel as we approach the end of 2024 somehow it only makes sense to start looking ahead to the next year since a number of announcements have been made in recent weeks about tax changes or updates for 2025 I thought I'd break some of them down for you so you know what to expect so let's start with tax brackets as you may know if you watched my video All About income taxes in Canada we have a progressive tax system in this country in which we pay different rates of tax on different levels of income these tax brackets exist for both Federal and provincial SL territorial income taxes and to give you an idea of what those tax brackets were this year here is a look at the federal tax brackets and Ontario provial tax brackets for 2024 now speaking of filing income tax the earliest you can file your 2024 income taxes is Monday February 17th 2025 and the deadline to file your taxes is Wednesday April 30th if you're an employee or Monday Ju

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