You might think that because you receive social assistance or are a low-income earner there is no need to file your income tax return. However, depending on your personal situation, you maybe eligible to receive credits and benefits by simply filing your annual income tax and benefit return.
· A single person with working income could receive up to $1,043 for the federal Working Income Tax Benefit.
· You could qualify for the GST/HST Credit and the New Brunswick Harmonized Sales Tax Credit.
· Adults and children with a disability could be eligible for a non-refundable tax credit which reduces the amount of income tax they may have to pay.
· Parents can get up to $6,400 annually for each child under the age of 6 and $5,400 annually for each child aged 6-17 in Canada Child Benefit* and the NB Child Tax Benefit.
· Parents with school aged children could receive the School Supplement benefit of $100 per child.
· Your child could qualify for the Healthy Smiles, Clear Vision plan, New Brunswick’s dental and vision program for children of low-income families.
· Your child could qualify for the Canada Learning Bond, a federal program that offers up to $2,000 for education after high school for children of low-income families.
· To find other benefits you may be eligible for, visit www.canadabenefits.gc.ca and NB Personal Income Tax.
* Under proposed legislation, this amount will increase starting in July 2018.
If you need help preparing your income tax and benefit return, the Community Volunteer Income Tax Program (CVITP) may be able to assist you. This free program is available to eligible taxpayers who have modest income and simple tax situations. For more information on this service, visit www.canada.ca/taxes-volunteer or call CRA at 1-800-959-8281
If transportation is an issue please contact Kim at Tele-Drive Albert County at 875-1190.
· You could qualify for the GST/HST Credit and the New Brunswick Harmonized Sales Tax Credit.
· Adults and children with a disability could be eligible for a non-refundable tax credit which reduces the amount of income tax they may have to pay.
· Parents can get up to $6,400 annually for each child under the age of 6 and $5,400 annually for each child aged 6-17 in Canada Child Benefit* and the NB Child Tax Benefit.
· Parents with school aged children could receive the School Supplement benefit of $100 per child.
· Your child could qualify for the Healthy Smiles, Clear Vision plan, New Brunswick’s dental and vision program for children of low-income families.
· Your child could qualify for the Canada Learning Bond, a federal program that offers up to $2,000 for education after high school for children of low-income families.
· To find other benefits you may be eligible for, visit www.canadabenefits.gc.ca and NB Personal Income Tax.
* Under proposed legislation, this amount will increase starting in July 2018.
If you need help preparing your income tax and benefit return, the Community Volunteer Income Tax Program (CVITP) may be able to assist you. This free program is available to eligible taxpayers who have modest income and simple tax situations. For more information on this service, visit www.canada.ca/taxes-volunteer or call CRA at 1-800-959-8281
If transportation is an issue please contact Kim at Tele-Drive Albert County at 875-1190.
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