New laws and rules came into effect in 2020
As we are in another decade, several laws and rules are coming into effect that has impacted our life. This includes changes in the federal laws as well as vaping and cannabis regulations in some provinces. Students usually face difficulty in writing law assignments due to their complexities, so they search for who can do my law assignment. The changes that have been taken place in Canada are: Federal tax changes: Canadians earn a tax of up to $13.229. The increase is seen in the four years until it reaches $15.000 in 2023. Canadians in the lower-income generations have resulted in tax savings of up to $140 in 2020. For those earning more than $150,473 annually, those savings will be clawed back or not offered at all. From January, the employment insurance premiums for employees and individual workers slightly decrease. The maximum annual EI contribution for a worker will fall by $3.86 to $856.36 and employers' maximum contribution will fall from $5.41 to ...