Northern Residents Deduction

Canada Emergency Business Account (CEBA) Loan – Additional $20,000 for Small Businesses

Depending on the location of your permanent home, you may qualify for the Northern Residents Deduction on your personal income tax return. The steps to determine if you qualify for the NRD are as follows: Step 1 – Your permanent resident location There are two levels of locations that qualify for the Northern Residents Deduction: […]