T4E & T4A XML Tax Processing for CRA

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by Lorne Neil

T4E & T4A XML Tax Processing for CRA

Caorda offers T4A and T4E XML Data Conversion Service for CRA forms. In recent years the Government of Canada has continued to expand the obligations of businesses to file income tax forms electronically using XML format. Filers who submit more than 50 returns are required to file electronically and we have a solution that makes the process fast, secure and cost effective.

Using a supplied spreadsheet, you simply have to fill in the fields and provide it to us via a secure login. Once processed, you will notified by email to log back in and receive your prepared XML data file required for electronic submission and a printable PDF version of all your T4A/T4E slips for distribution.

Caorda’s XML data conversion service is affordable, secure and private.

For more detailed information on the process and pricing to have your T4A/T4E files created, please click here.

What’s New in 2013 for CRA Personal Tax Return Filing 

You may be eligible for new or improved tax relief measures and services when filing your 2013 income tax and benefit return, such as:

First-Time Donor’s Super Credit

This new credit for first-time donors gives an extra 25% credit for cash donations when you claim your charitable donations tax credit. This means you can get a 40% federal credit for up to $200 in donations and a 54% credit for the part of donations that is over $200 but not more than $1,000. This is in addition to the provincial credit. For more information on the super credit, visit the CRA “What’s New page at: www.cra.gc.ca/fdsc.

Family Caregiver Amount

If you have a dependant with an impairment in physical or mental functions, the additional amount you may be able to claim has increased to $2,040 when calculating certain non-refundable tax credits. For more information, go to www.cra.gc.ca/familycaregiver.

Pooled Registered Pension Plan (PRPP)

The PRPP is a new retirement savings option for individuals, including those who are self-employed. For more information, visit www.cra.gc.ca/prpp.

Adoption Expenses

The period to claim adoption expenses has been extended for adoptions finalized in 2013 and later years.

Tax-Free Savings Account (TFSA)

The annual TFSA dollar limit increased to $5,500 on January 1, 2013, for the 2013 contribution year, and remains at that amount for the 2014 contribution year.