If you’re looking for ways to save on your tax bill this year, these tips could help! 1) Childcare expenses – you can deduct expenses like daycare or nanny services. 2) Medical expenses – you can claim some expenses not covered by insurance. 3) RRSP contributions – put money into RRSPs and help lower your tax bill. 4) Home office expenses – many home office expenses can be claimed, including a portion of things like utilities and mortgage interest. 5) Donations – can earn both provincial and federal tax credits. 6) Spouse benefits – split your pension and/or transfer tax credits to your spouse.
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