The minimum wage is the legally mandated lowest hourly pay employers can offer employees. In Canada, it is structured into two main categories: Federal Minimum Wage Provincial/Territorial Minimum Wages This dual structure ensures minimum wage policies address national and regional economic contexts, offering a balanced approach to wage regulation. Will ODSP increase in 2025 in Continue reading
Will ODSP increase in 2025 in Ontario? A Complete Guide
The Ontario Disability Support Program (ODSP) offers vital financial assistance to Ontario residents with disabilities, helping them manage living expenses and improve their quality of life. Here’s everything you need to know about ODSP payments, eligibility, and tips for 2025. ODSP Payment Dates for 2025 ODSP payments are issued on the last business day of Continue reading
Ireland Bank Holidays 2025: Full Schedule and Your Entitlements Explained
As 2025 approaches, it’s essential to be aware of the bank and public holidays to plan your year efficiently. Along with the dates, understanding your rights regarding paid leave and benefits during these periods can help you make the most of them. Here is everything you need to know about the 2025 bank holidays and Continue reading
Budget 2025: Key Cost-of-Living Changes Taking Effect January 1st
The cost of living changes introduced in Budget 2025 will bring several financial adjustments starting January 1st. Here is the full list of changes that could impact various groups in Ireland: Social Welfare and Benefit Increases 12 Social Welfare Changes in Ireland for 2025 You Need to Know Major Social Welfare and Tax Changes in Continue reading
Don’t Miss Out: ABSTUDY Claims for 2024 Close December 31!
If your child is in high school and hasn’t yet claimed ABSTUDY for 2024, there’s still time—but you must act fast! Submit your claim on or before December 31, 2024, to access essential financial support for their education. What Is ABSTUDY? ABSTUDY is a group of payments specifically designed to assist Aboriginal and Torres Strait Continue reading
$5,000 Boost for Regional Students: Tertiary Access Payment Opens January 1, 2025
Starting January 1, 2025, eligible first-year tertiary students from regional or remote areas can claim the Tertiary Access Payment (TAP) to ease the financial burden of relocating for study. Whether you’re moving to start university or vocational training, TAP offers up to $5,000 to help cover your transition costs. This guide covers everything you need Continue reading
Major Changes Coming on January 1, 2025: Boosts to Centrelink Payments and More
As the new year unfolds, Australians can expect a wave of changes impacting welfare payments, price adjustments, and government regulations. Among the most significant updates are increases to Centrelink payments, benefiting more than one million Australians starting January 1, 2025. Here’s a breakdown of these changes and what they mean for you. Centrelink Payments Set Continue reading
$25,000 Tax Deduction Aussies Must Claim Now: ‘Use It or Lose It’
A rare opportunity for Australians to slash their tax bills is about to expire, and it’s crucial to act now to take full advantage of it. This year, a $25,000 tax deduction tied to superannuation contributions will permanently vanish, offering a last-chance opportunity to boost your retirement savings and reduce your taxable income. Here’s everything Continue reading
New GST Payment Scheduled for January 3, 2025
The Canada Revenue Agency (CRA) will issue its first GST/HST payment of the new year on January 3, 2025. This payment aims to assist low- and modest-income individuals and families in offsetting the Goods and Services Tax (GST) and Harmonized Sales Tax (HST) they pay throughout the year. Here’s everything you need to know to Continue reading
B.C. Man Fined $2M for Tax Evasion After Flipping 14 Homes in 4 Years
A serial property flipper in British Columbia, Balkar Bhullar, has been convicted of tax evasion, leading to a hefty penalty. The Canada Revenue Agency (CRA) reports that Bhullar failed to report nearly $7.5 million in earnings and has been fined approximately $2.15 million. Conditional Sentence and Significant Fine On December 19, Bhullar was sentenced to Continue reading