The deadline for filing income tax is almost here and if you still haven’t filed, TurboTax Canada is the quickest and easiest way to ensure that you get the job done on time. There are plenty of benefits that Canadian families can claim and often, those benefits are specific to certain provinces. Make sure you don’t miss out on some of these top tax credits and rebates offered in provinces across Canada!
British Columbia – Low Income Climate Action Tax Credit
This deduction helps low income individuals and families offset the carbon tax they pay. Eligible persons receive their payments four times a year, as part of their GST Credit payment.
Alberta – Family Employment Tax Credit
This program is designed to help working families provide for their children. There is no need to apply separately to get payments under this program. The information from your Canada Child Benefits application will be used to determine your eligibility for the program.
Saskatchewan – Active Families Benefit
This refundable tax credit helps families with the costs of their children’s participation in cultural, recreational and sports activities.
Manitoba – Tuition Free Income Tax Rebate
This rebate provides post-secondary education graduates with a 60% rebate on their eligible tuition fees once they begin working and paying taxes. In addition, Manitoba post-secondary students may be eligible to receive a 5% tax credit advance on their tuition fees while they are still in school.
Ontario – Land Transfer Tax Refund for First-Time Homebuyers
This refund covers all or part of the land transfer tax paid when buying a home for the first time.
Québec – Deduction for Workers
This tax deduction provides additional savings on your taxes and equals 6% of eligible work income, up to a certain maximum.
New Brunswick – Residential Property Tax Credit
This credit gives eligible homeowners money back on the provincial portion of their property taxes. The Property Tax Allowance can be added to further help low income property owners.
Newfoundland – Parental Benefits Program
This program has several money-saving components. Parents must apply for the program and the payments are not based on income.
Nova Scotia – Sport and Recreational Expenses for Children
This tax credit, also called the Healthy Living tax credit, provides an allowable tax credit of up to $500 per child to help with the cost of registering children and youth in sport or recreation activities.
Prince Edward Island – Hybrid Vehicle Tax Incentive
This incentive provides a tax rebate of up to $3,000 on the purchase of an eligible vehicle.
While I used to personally go through the effort of filling out the required information for provincial benefits I could claim, using TurboTax for the first time this year meant that the benefits were automatically calculated for me! And no matter which new benefits you’re entitled to receive, TurboTax Canada makes it easy to claim your credits through simple questions about your life that help determine your eligibility. The company even offers free tax filing for simple tax returns!
With just over twenty days until the tax deadline, now is a great time to get organized and get those taxes filed. And with TurboTax, you may be able to file in as little as thirty minutes with the added benefit of a maximum refund guarantee! It’s the quickest, easiest and most enjoyable way to ensure that you’re filing your taxes accurately, no matter what province you call home!
heidi c. says
Thanks for sharing these. I didn’t know about the one my province offers.
Tina F says
wow amazing information. I did not know .Thank you for sharing
Doris Calvert says
I don’t have kids to use it for but good info and there are a ton of deductions we don’t know about
Karla Sceviour says
Thanks for the info!!
shawna szezendor says
thanks for the great info.
Carol Denny says
Good info
ginette4 says
What I didn’t know that about Ontario..I’m passing that info along to family and friends
loucheryl says
We got our Land Transfer Tax Refund for First-Time Homebuyers. 🙂
Donnas says
Thank you, We’re going to use the land transfer tax refund too.
Doris H says
I didn’t know about the Land Transfer benefit. Great informative post!
lornar couponer says
thanks for all the information
Treen Goodwin says
Great info , thanks for sharing , can be very helpful 🙂
kathy downey says
Thank you for sharing this great info.
Cheryl says
Thanks for the info! I wouldnt have known
Stephanie LaPlante says
Awesome information! Thanks!
Lynda Cook says
I’m just glad I have an accountant that does all mine and looks after everything for me, no need for me to worry about everything
Elizabeth Matthiesen says
I too use an accountant for my taxes. My son uses a computer programme but apparently mine is so different that I have to use an accountant.
Judy Cowan says
Thanks for sharing, unfortunately the one for our province does not apply to us. But always good to know how you could potentially save on your taxes.
Kiersten says
that must make taxes a lot easier…
Holly Wright says
I have never used TurboTax but keep hearing a lot about it! Maybe next year!
Aliya D says
Thank you for sharing this information; I have never used TurboTax myself (my sister is an accountant and she does my taxes for me – thank you sis!), but it seems like a great product.
Marie S says
I’ve done the land transfer tax and now there is a new family one that helps out the higher income tax with the lower. I can’t remember what its called
Debbie S. says
So great for you to share this great post for families!
Anna Johnson says
Good tips! Thanks, we have been using Turbotax for a few years now 🙂
D.Johnson says
Interesting Info.
Rick F says
I’ve been using turbo tax for years.
Jennifer Manganelli says
Thank you for the information
Florence Cochrane says
Thanks for the tips. Lot of ways to save. I did a H&R Block Tax course a few years back and was able to go back to a previous year to claim a few items I did not know I could claim.
Wanda Tracey says
Thank you for all the great information on Turbo Tax Canada and a tip for every province.I for one can use this great information.
Debbie W says
sadly, I don’t qualify for a lot of these 🙂 I could use a break
Angela Stevens says
My sister is my accountant free and amazing no Turbo Tax needed here
Rachael Bhardwaj says
Great, helpful info. Thank you.
JaimeeM says
I get my father in law to do my taxes, hes awesome at it when, He uses turbo tax 🙂
Lee-Ann says
My sister does my taxes thankfully..I miss everything.
MrsWhite says
Interesting about the land transfer refund. I really wonder how many people know about all these little tips for cash back on your taxes!
Jeannie says
My husband did our taxes, so i’m sure he has it all taken care of!
Rhonda W G. says
Thankyou for this list…interesting…
Wanda Bergman says
Some good info here that I didn’t know about. Thanks!
Anne Taylor says
Thanks for the hlepful info! Much appreciated!