Brightest object, powered by hungriest black hole discovered – DAWN.com + MORE Feb 21st

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Banking with a credit union can save on fees—but there are limitations + MORE Aug 28th

On the surface, banking with a credit union may seem a lot like a traditional bank. But it’s not.  Credit unions are similar to commercial banks in that they offer chequing and savings accounts, mortgages, business loans, online banking and registered savings plans—all for lower or no fees .... More »

RWRDS Daily Update – July 31, 2024: The Ultimate Cash Back Credit Card Portfolio Jul 31st

The Ultimate Cash Back Credit Card Portfolio updated for 2024 and World of Hyatt adds glamping provider Under Canvas as an earn & burn partner. Check out today's points & miles update here: The post RWRDS Daily Update – July 31, 2024: The Ultimate Cash Back Credit Card Portfolio appear.... More »
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The best streaming services in Canada: The value of each—plus a few free ones + MORE Jan 24th

You have endless options for streaming services in Canada. While choice can be a great thing, it can also cause confusion when it comes to the value of each service, since each differs greatly in terms of available movies and shows, subscription cost and the number of users that can access a single .... More »
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The Best Small Business Credit Card Welcome Bonus Offers for June 2025 + MORE Jun 6th

Here are Rewards Canada’s Top 5 Small Business Credit Card Sign Up offers for June. This is not a ‘best’ credit card list like our overall Top Travel Rewards Credit Card rankings but rather a look at small business cards that have the best welcome bonus offers. As always when choos.... More »

The Best Travel Credit Card Welcome Bonus Offers for July 2025 Jul 4th

Here are the Best Travel Credit Card Sign Up offers for the month of July 2025. This is not an overall ‘best’ credit card list like our Top Travel Rewards Credit Card rankings for 2025 but instead a look at cards that have the most valuable welcome bonus sign up offers. It must be said [.... More »
Brightest object, powered by hungriest black hole discovered  DAWN.comAstronomers discover universe’s brightest object – a quasar powered by a black hole that eats a sun a day  The GuardianMonster black hole powers the brightest known object in the universe  New ScientistThe Universe’s Brightest Body Is a Quasar That Shines 500 Trillion Times Brighter Than the Sun  IGNScientists have found a black hole so large it eats the equivalent of one sun per day  NPR

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Ask MoneySense
Is there any tax credit for working from home? Our company has gone completely remote since the pandemic. In the past few years, there was a tax credit based on how many days you worked from home. I believe the 2022 tax year was the last year for this credit. But now that I am permanently remote, is there anything I can claim for the 2023 tax year?—Imtiaz

Work-from-home tax deduction in Canada

Canadian taxpayers can claim a tax deduction for home-office expenses. This differs slightly from a tax credit, Imtiaz. A tax credit, such as those you get for medical expenses or donations, can be claimed to reduce your income tax payable. It is generally 15% to 20% of an eligible expense, depending on your province or territory of residence.

A tax deduction is often better than a tax credit because it reduces your taxable income. When you decrease your taxable income, you may save 15% to 54% tax depending on your income and where you live.

What can you claim for working from home in 2023?

The Canada Revenue Agency (CRA) introduced a temporary flat-rate home-office expense deduction for the 2020, 2021 and 2022 tax years…

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Earn 4,000 bonus points at the Sofitel Montreal Golden Mile, American Express Business Edge Confirmed Multiplier Locations and new Amex Offers statement credit for Knix. Check out today’s points & miles updates here:
The post RWRDS Daily Update – February 20, 2024 appeared first on Rewards Canada.

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As mentioned in our February 9th episode of This Week in RWRDS I reached out to RBC to see if we could learn more about the HSBC Rewards to Avion Rewards points conversion ratio. To date this ratio has been the big unknown in the credit card portion of the HSBC to RBC migration. I […]
The post Exclusive details on HSBC Rewards to Avion Rewards points conversions appeared first on Rewards Canada.

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Brightest object, powered by hungriest black hole discovered  DAWN.comAstronomers discover universe’s brightest object – a quasar powered by a black hole that eats a sun a day  The GuardianMonster black hole powers the brightest known object in the universe  New ScientistThe Universe’s Brightest Body Is a Quasar That Shines 500 Trillion Times Brighter Than the Sun  IGNScientists have found a black hole so large it eats the equivalent of one sun per day  NPR

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