How Can I Save on My Taxes?: Difference between revisions

How Can I Save on My Taxes? (view source)

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 If your income is low, you may also be able to get the BC Low Income Climate Action Tax Credit. This is a payment to help you with the carbon tax you pay.
-Lower-income families can get $105 per adult and $31.50 per child each year. On July 1, 2011, the credit increased by 10%.
+How much you will receive depends upon the size of your family and your net family income. For 2013, individuals with a net income under $32,219 and families with a net income under $37,589 were eligible for a payment. The maximum annual payment was $115.50 for an individual and additional amounts for spouses and children.
-You are considered to be “lower-income” if your income is $30,722 for a single person, or $35,843 for a family (2010-2011 figures).
 ==Are there ways to reduce taxable income?==