Tax Update

OAS Survivor Benefits: Canadian residents must present appropriate documentation to participate in the Old Age Security program. This program provides retirement and elderly persons with various federal government benefits. The OAS Survivor program is designed for those who have lost a partner as well as low-income spouses. The Canada Revenue Agency funds the OAS Survivor … Read more

Taking care of medical and disability expenditures can be costly, making budgeting even more difficult. The Ontario Disability Support Programme (ODSP) is one of several initiatives launched by the Canadian government to assist people with disabilities. The Ontario government annually increases the maximum income a disabled individual can receive through the ODSP program. Ontario Disability … Read more

Effectively, the Department for Work and Pensions (DWP) Millions of people rely on Universal Credit. They will see significant changes to their financial support starting next month. Millions of Universal Benefit recipients will see an increase in their payments from the Department for Work and Pensions (DWP) from next month. Prime Minister Jeremy Hunt issued … Read more