Fundamentals of Income Taxation T1
This course provides a comprehensive exploration of the fundamental principles and concepts governing income taxation. Designed for individuals with varying levels of financial literacy, the curriculum covers key topics such as Canadian income tax, Canadian Pension Plan, employment income deductions, and more. Students will gain a practical understanding of the Canadian income tax system, enabling them to navigate personal tax obligations effectively and significantly boost their financial literacy.
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Course Outline:
Introduction to Canadian Income Tax
Employment income deductions and credits
Nonrefundable and refundable credits
Investment income - interest, dividends and capital gains
Social benefits - CPP, EI, working income tax benefits
RRSP, TFSA, RESP and RDSP
Special provisions for seniors
Medical expenses and disability
Special provisions for students
Marriage, separations, reconciliation, and support payments
Childcare expenses
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● Ability to speak, understand, and write in English (CLB6)
● Ability to use a computer with a stable internet connection.
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CAD $500
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This course has two instructors who teach at different times based on availability.
Sumaiya Najarali is a CPA, CA with over 7 years of professional experience in accounting, finance, and taxation. She holds both a bachelor's and master's degree in Accounting and has also served as a teaching assistant for related courses at the University of Waterloo.
Jason Jagtap is a qualified professional having more than 20 years of experience in the field of accounting, finance and taxation. He has been teaching accounting and taxation in Canadian colleges and universities.
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Training model: online
Course length: 5 weeks, 25h
Schedule: Tuesdays and Thursdays (6-8:30pm)