0
votes
1answer
281 views

How is the Canada Employment Amount tax credit calculated?

To calculate the Canada Employment Amount as a non refundable tax credit, this link explains: Canada employment amount is a non-refundable credit for work-related expenses, such as home ...
1
vote
1answer
293 views

Can I claim a tax credit on money I send to India for my parents' healthcare?

I live in Canada and I'm a permanent resident. If I send money to my parents in India, can I claim any kind of tax benefit on that e.g. under the caregiver tax? I know if I bring them here and they ...
3
votes
2answers
477 views

The Canadian dividend tax credit: Why is it that someone can earn a lot in dividends but pay no/little tax?

from this link: http://www.taxtips.ca/glossary.htm#Dividend For an individual with no income other than taxable Canadian dividends which are eligible for the enhanced dividend tax credit, ...
0
votes
1answer
367 views

Can I claim child care expenses as a deduction on my federal return in Quebec?

My friend want to claim Child Care expense for Federal Tax, but as she lived in Quebec, a large part of her children's day care fees are already returned by Quebec government. So could she still ...
3
votes
1answer
299 views

What is CAN PRO?

I have had several deposits into my bank account over the past year from this ($125.??) I am sure it is federal and provincial and some kind of credit. But for what?
3
votes
1answer
1k views

Are the HST rebates only paid for the first year, or will they be issued every year?

Will the HST rebates be paid each year after 2010 as well, or is this a one time thing?
3
votes
1answer
192 views

Home Renovation Tax Credit (HRTC) - Can I still claim it even if I pay cash?

Can I still claim the Home Renovation Tax Credit even if I pay cash?
4
votes
1answer
2k views

Canadian income tax & charitable donations: How much is income tax reduced by donations?

In Canada, how much is income tax reduced by charitable donations? When filing, are there any special requirements to qualify for the deduction or credit?
5
votes
2answers
1k views

In Canada how much are child care receipts worth for income tax?

How much can my family expect to save on taxes if we ask our sitter for a receipt for last year? Our kids are 6 and 10 and we paid about $2300 last year for occasional child care. My husband and I ...
2
votes
2answers
332 views

How is the Home Renovation Tax Credit (HRTC) supposed to be claimed? How does the credit work?

We built a new deck this year and we're expecting to take advantage of the Home Renovation Tax Credit (HRTC). How is it supposed to be claimed? How does the credit work? Would it be claimed on the ...