The GST/HST Tax credit is a tax-free quarterly payment that helps individuals and families with low and modest incomes offset all or part of the GST or HST that they pay. GST/HST Payment Dates 2015:
Canadian Tax Credits
Property Tax Credit Ontario Canada
The refundable property tax credit provides assistance for people with low to moderate incomes who own or rent a principal residence in Ontario. Property Tax Credit: Based on occupancy cost – property tax paid, or 20% of rent paid. The basic property tax credit for individuals under age 65 is $250. The basic property tax […]
Posted in Canadian Tax Credits, Refundable Tax Credits 
Tags: property tax credit, property tax credit canada 
Comments OffChild Fitness Tax Credit Canada
Child Fitness Tax Credit Canada Starting with the 2007 tax year, the Government of Canada allows a non-refundable tax credit based on eligible child fitness expenses paid up to $500 per child by parents to register a child in a prescribed program of physical activity. The children’s fitness tax credit lets parents claim up to […]
Posted in Canadian Tax Credits, Non-refundable Tax Credits Tags: child gym tax credit, children fitness tax credit Comments OffGST Payment Dates 2012 | GST/HST Payment Schedule
The GST Tax credit is a tax-free quarterly payment that helps individuals and families with low and modest incomes offset all or part of the GST or HST that they pay. GST Payment Dates 2012:
Posted in Canadian Tax Credits, Refundable Tax Credits Tags: GST Credit, GST Payment Dates, HST Payment Dates, HST Tax Credit Comments OffLow Income Tax Credit | Working Income Tax Benefit
Working Income Tax Benefit for Low Income Tax Credit: The working Income Tax Benefit (WITB) is a refundable low income tax credit intended to provide tax relief for eligible working low income individuals and families who are already in the workforce and to encourage other Canadians to enter the workforce. You can claim the WITB […]
Posted in Canadian Tax Credits, Refundable Tax Credits Tags: low income tax credit, WITP, working income tax benefit Comments OffChild Care Tax Credit | Day Care Tax Credit Canada
Child Care Tax Credit | Day Care Tax Credit Canada Child care costs are not claimed as a non-refundable tax credit, but as a deduction from income on line 214 of the personal tax return. A non-refundable tax credit is always at the lowest tax rate (except in Québec), but a reduction of income would […]
Posted in Canadian Tax Credits, Non-refundable Tax Credits Tags: child care tax benefit, child care tax credit, children care tax benefit, day care tax benefit, day care tax credit Comments OffSales Tax Credit Ontario Canada
Sales Tax Credit: The basic sales tax credit is $100. The additional credit for your spouse or common-law partner is $100. Reduced by 4% of adjusted family net income over $20,000 for single people, and over $25,000 for families. Refundable and paid quarterly, starting July 2010.
Medical Expenses Tax Credit Canada
The medical expense tax credit applies to individuals who have sustained significant medical expenses for themselves or certain of their dependants. To qualify for the medical expense tax credit, the medical expenses must have been paid or deemed to have been paid by either the individual or his or her legal representative for qualifying medical […]
Posted in Canadian Tax Credits, Non-refundable Tax Credits Tags: medical expenses credit, medical tax credit Comments OffFamily Tax Credit and Family Tax Benefit Canada
The federal and provincial governments have family tax credit and benefit programs which provide additional income for families, and for low-income individuals. These programs include Canada Child Tax Benefit (CCTB) Universal Child Care Benefit (UCCB) National child Benefit (NCB) Child Disability Benefit (CDB) GST/HST credit
Posted in Canadian Tax Credits, Non-refundable Tax Credits Tags: child disability benefit, family tax benefit, family tax credit, national child benefit, universal child care benefit Comments OffEducation Tax Credit Canada
Education Tax Credit Canada Starting with the taxation year, scholarship, bursary and fellowship income is fully exempt from tax when the income is received in connection with a program for which the student will get an Education Tax Credit. The income is not reported on the tax return. If you are not eligible to claim […]
Posted in Canadian Tax Credits, Non-refundable Tax Credits Tags: canadian education tax credit, education tax credit Comments Off
