![]() The elimination of some short-term rental deductions was announced in the Fall Economic Statement (FES) and kicks in on Jan. ![]() GST/HST exemptions, the elimination of deductions for some short term rentals, new alternative minimum tax rates and changes to Canada Pension Plan (CPP) contributions are among the new measures coming in 2024. But tax experts say the effects on most individuals are likely to be minor, unless they're high-income earners. ![]() New tax measures, and changes to existing ones, will begin affecting Canadians in 2024.
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