When filing taxes in Canada, it’s not just about what you owe—it’s also about what you can claim. The Canada Revenue Agency (CRA) offers a range of tax credits that can significantly reduce your taxable income or even increase your refund. As we move through 2025, being aware of these credits can make a real financial difference.

In this article, we’ll break down the top five tax credits every Canadian should understand and consider when preparing their return.

1. Canada Workers Benefit (CWB)

The Canada Workers Benefit is a refundable tax credit for low-income workers that aims to support individuals and families who are employed but earn modest incomes.

Key Details:

• Available to individuals over 19 who are not full-time students

• Maximum benefit for 2025: approximately $1,518 for individuals, $2,616 for families

• Includes a disability supplement if you’re eligible for the Disability Tax Credit (DTC)

• Phases out as income increases beyond the threshold

 Why it matters: If you’re working but not earning a high income, this credit puts more money back in your pocket—potentially even as a refund.

2. Disability Tax Credit (DTC)

The DTC is a non-refundable tax credit intended to reduce the tax burden on Canadians with severe and prolonged physical or mental impairments.

Key Details:

• Can be transferred to a spouse or caregiver if the person with the disability has no taxable income

• Includes support for children with disabilities

• Once approved, the credit is valid for multiple years (depending on your condition)

 Why it matters: The DTC can lower taxable income significantly, and when paired with other provincial supports, it can dramatically reduce your tax burden.

3. Canada Training Credit (CTC)

If you’ve spent money on training or professional development, the Canada Training Credit can reimburse part of your eligible costs.

Key Details:

• Available to working-age Canadians (25–64) who meet income and tax filing criteria

• Annual accumulation of $250 in credit limit, up to a maximum of $5,000

• Can be claimed for eligible tuition, course fees, and certain certifications

 Why it matters: Lifelong learning pays off—not just in your career, but on your tax return too.

4. Home Accessibility Tax Credit (HATC)

This non-refundable credit helps offset the cost of making homes safer and more accessible for seniors or persons with disabilities.

Key Details:

• Claim up to $20,000 in renovation expenses

• Maximum tax credit of $3,000

• Eligible expenses include ramps, walk-in tubs, chair lifts, widening doors, and more

 Why it matters: Whether for yourself or a family member, accessible renovations now come with a financial boost.

5. Digital News Subscription Tax Credit

A lesser-known but valuable credit, this allows Canadians to claim a non-refundable credit of up to $75/year for digital subscriptions to eligible Canadian news outlets.

Key Details:

• Applies to subscriptions that are primarily digital and provide original written news

• Can only be claimed until the end of 2025 (unless extended)

 Why it matters: Stay informed while saving a bit on your taxes.

Bonus Mentions:

• Tuition Tax Credit – Still valuable for post-secondary students

• Medical Expense Tax Credit – For a broad range of health-related spending

• First-Time Home Buyers’ Tax Credit – Now worth $10,000, providing up to $1,500 in tax relief

• Climate Action Incentive Payment – Especially relevant for residents of provinces under federal carbon pricing

How to Maximise Your Tax Credits

1. Track everything – Maintain detailed receipts and documentation

2. Use tax software – Most modern tools flag missed credits

3. Consider professional help – A financial consultant or tax advisor can uncover opportunities based on your unique situation

Final Thought

Every dollar matters—especially when it comes to taxes. Knowing which credits you’re entitled to and how to claim them can save you hundreds or even thousands of dollars annually.

If you’re unsure which credits apply to you, or need help organising your tax return, consider reaching out for a personalised consultation. Financial clarity often starts with understanding your tax position.