Difference between revisions of "How Can I Save on My Taxes?"

Jump to navigation Jump to search
Line 20: Line 20:
==Can I get some payments and credits from the government?==
==Can I get some payments and credits from the government?==


Even if you have no income to report or tax to pay, you may be able to get some payments or credits from the government.
Even if you have no income to report or tax to pay, you may be able to get some payments or ''credits'' from the government.


To make sure you claim all your deductions, ask for help. Call your community centre, accountant, bookkeeper or tax preparer and see if anyone can help with an income tax return.
To make sure you <span class="noglossary">claim</span> all your deductions, ask for help. Call your community centre, accountant, bookkeeper or tax preparer and see if anyone can help with an income tax return.


There are different kinds of payments and credits. The main ones are:
There are different kinds of payments and credits. The main ones are:
 
* Canada Child Tax Benefit (CCTB) payments,
* Canada Child Tax Benefit (CCTB) payments
* HST credit (harmonized sales tax), and
* HST credit (harmonized sales tax)
* tax credits from the provincial government.
* Tax credits from the provincial government


To get any of these payments or credits, you must file an income tax return.
To get any of these payments or credits, you must file an income tax return.