Planning a Baby? You Can Get $7,000 in Tax-Free CRA Benefits in 2021
September 14, 2022Are you a new parent or expecting a baby in 2021? A newborn brings many changes, and many parents learn parenting on the go as the baby grows. A baby also brings more expenses. The Canada Revenue Agency (CRA) understands these changes and offers several tax-free cash benefits and tax breaks to parents of children under 18.
When the baby arrives, you may be left with little time and energy to claim the benefit. Hence, it better you read and learn about the various benefits the CRA offers now.
These benefits are only for those parents who file their income tax
https://www.fool.ca/2021/01/18/planning-a-baby-you-can-get-7000-in-tax-free-cra-benefits-in-2021/