This document provides information about filing taxes in Canada. It begins with introducing the workshop objectives, which are to learn about the Canadian tax system, the tax filing process, and how to get help with taxes. Various tax-related terms are defined. The document then discusses the different types of taxes Canadians pay, including income, sales, and property taxes. It explains why taxes are paid and what common benefits are funded by taxes, such as social services, healthcare, education, and public services. The document outlines the tax filing process and how to determine your taxable income and tax bracket. It provides details on getting tax forms, filing options, deadlines, and setting up direct deposit. Tax credits are described and information given on where
Human Resource & Payroll Services And Solutions - Houston, Dallas, Austin - Texas www.hrp.net. Although the IRS delayed the start of tax filing season due to the "fiscal cliff" legislation, it's now time to get ready to file. This presentation explains some of the changes you may notice on your 2012 Form 1040, which is due on Monday, April 15, 2013.
Knowing which tax documents you need and gathering them early is one of the top ways to save time and frustration when filing your US expat taxes from abroad.
Learn about the most common expat tax documents, where to find them, and how to navigate foreign documents during this webinar.
WORK OPPORTUNITY TAX CREDIT: HOW EMPLOYERS CAN MAXIMIZE HIRING INVESTMENTCost Management Services
Brian Kelly hosts an interactive online workshop on the Work Opportunity Tax Credits “WOTC” for CPA Academy. The 1 hour session will focused on How Employers Can Maximize Hiring Investment. The webinar, was targeted at the accounting community, CPAs, CEOs and CFOs, and CPE Credits were available for attending.
Attendees learn how to add value to CPA service and take advantage of the billions dollars that are available today through the WOTC Tax Credit program. #WOTC
Visit our website www.cmswotc.com to learn more.
US Expat Tax Documents Made Easy - by Greenback Expat Tax Servicesdavidmckeegan
Knowing which tax documents you need and gathering them early is one of the top ways to save time and frustration when filing your US expat taxes while living abroad.
Learn about the most common expat tax documents, where to find them, and how to navigate foreign documents during this webinar.
Www.SchaumburgCPA.Info is an official blog of Manen Kothari CPA. To ensure compliance with the requirements imposed by the IRS, we inform you that any U.S. federal tax advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing, or recommending to another party any transaction or matter addressed herein. One should consult their tax advisor before any of the information contained herewith applied to their individual tax situations. SK Tax Associates, Schaumburgcpa.info, or Manen Kothari cannot be held responsible for any general information stated above.
Human Resource & Payroll Services And Solutions - Houston, Dallas, Austin - Texas www.hrp.net. Although the IRS delayed the start of tax filing season due to the "fiscal cliff" legislation, it's now time to get ready to file. This presentation explains some of the changes you may notice on your 2012 Form 1040, which is due on Monday, April 15, 2013.
Knowing which tax documents you need and gathering them early is one of the top ways to save time and frustration when filing your US expat taxes from abroad.
Learn about the most common expat tax documents, where to find them, and how to navigate foreign documents during this webinar.
WORK OPPORTUNITY TAX CREDIT: HOW EMPLOYERS CAN MAXIMIZE HIRING INVESTMENTCost Management Services
Brian Kelly hosts an interactive online workshop on the Work Opportunity Tax Credits “WOTC” for CPA Academy. The 1 hour session will focused on How Employers Can Maximize Hiring Investment. The webinar, was targeted at the accounting community, CPAs, CEOs and CFOs, and CPE Credits were available for attending.
Attendees learn how to add value to CPA service and take advantage of the billions dollars that are available today through the WOTC Tax Credit program. #WOTC
Visit our website www.cmswotc.com to learn more.
US Expat Tax Documents Made Easy - by Greenback Expat Tax Servicesdavidmckeegan
Knowing which tax documents you need and gathering them early is one of the top ways to save time and frustration when filing your US expat taxes while living abroad.
Learn about the most common expat tax documents, where to find them, and how to navigate foreign documents during this webinar.
Www.SchaumburgCPA.Info is an official blog of Manen Kothari CPA. To ensure compliance with the requirements imposed by the IRS, we inform you that any U.S. federal tax advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing, or recommending to another party any transaction or matter addressed herein. One should consult their tax advisor before any of the information contained herewith applied to their individual tax situations. SK Tax Associates, Schaumburgcpa.info, or Manen Kothari cannot be held responsible for any general information stated above.
In this webinar, you learn all the tax breaks available to digital nomads and how you can qualify for each of them. We'll also review digital nomad tax basics for those who are new to filing taxes abroad or considering a move.
What You Will Learn:
- Digital nomad tax requirements and deadlines (if you're new to living abroad, some may surprise you!)
- The most popular tax exclusions, credits, and deductions for digital nomads
- Tax breaks for self-employed digital nomads
- How your location affects your taxes - and where to find tax havens to maximize savings!
- Common tax challenges for digital nomads and how to overcome them
Act to Transform the Tax System of the Commonwealth of Puerto Rico [P de la C...Alex Baulf
Summary of P de la C 2329 “Act to Transform the Tax System of the Commonwealth of Puerto Rico”
- Income Tax
- Sales and Use Tax – Value Added Tax
For transactions after 12/31/15
General rate is 16% on taxable transactions, except for the following which have a 0% rate:
- goods and services for export
- certain imports by manufacturers (Manufacturing Plant Certificate)
For transactions before 1/1/16, taxable items pursuant to 2011 Code will be subject to 16% (instead of 7%).
- Municipalities may not collect
- Treasury will make the payment to the eligible consumer
Doing Business in Canada - What you Need to KnowWelch LLP
Are you based in another country and thinking about expanding your business into Canada? Looking to understand the legal & tax related issues? On Tuesday, February 25th, 2014, highly experienced professionals Mona Tessier, Don Scott, & Jamie Hollingworth provided 60 minutes of detailed advice for how to conduct business in Canada.
To view this Welch LLP webinar (and others), click here: http://www.welchllp.com/resource-centre/videos/webinars/
2014 Annual Accounting Update for Not-for-ProfitsWelch LLP
On Oct. 22nd, 2014, Welch LLP's experts hosted its annual Not-For-Profit seminar where they reviewed past, present & upcoming financial issues facing NPO’s.
To listen to the recording, please visit: http://www.welchllp.com/resource-centre/videos/events/
Areas of Discussion:
• A refresher of last year's key topics
• Anti-spam legislation
• Tax Essentials: Key income tax & HST updates
• Federal incorporation act update
• Accounting update on new principles
• Governance best practices
• Tips to prevent fraud in NPO's
Speakers:
• Don Scott, FCPA, CA - Tax Partner, Director of Tax Services
• Mona Tessier, CPA, CA, CA.IT - Senior Manager, Indirect Tax Partner
• Shawn Kelso, CPA,CA - Director of Professional Standards
• Christa Casey, CPA, CA - Partner & Director of the Not-for-Profit Sector
• Andre Auger, CGA, CFE - Government Services Provider
• Adam Aptowitzer - Lawyer, Drache Aptowitzer LLP
• Alexandra Tzannidakis, B.A., LL.B. - Lawyer, Drache Aptowitzer LLP
This presentation will be two hours in duration and will offer two CPE credits. The presentation will focus on tax law updates for both businesses and individuals that are expected to be passed. The discussion during the webinar will feature information on both sides, as they are often interdependent.
The webinar will also touch on the tax policies of some of the 2016 presidential candidates and how these policies will impact you and your organization.
Presentation slides from the Changing Face of SMSF Webinar, presented by Aaron Dunn of The SMSF Academy on 23 May 2013, looking at the latest technical and regulatory issues impacting self managed super funds.
Get the very latest on important tax law changes that will impact returns for Tax Year 2013. There are so many changes to keep track of each year. Let us us do the legwork and keep you up to speed on the current status of tax law changes and extenders. Topics will include the Defense of Marriage Act, Post 2013 Affordable Care Act changes and other IRS initiatives.
Military Families Learning Network Webinar - his 90-minute webinar will review a variety of time-tested tax and financial planning strategies including offsetting investment capital gains with capital losses, bunching itemized tax deductions, making charitable contributions, accelerating or delaying income, using up flexible savings account (FSA) balances, adjusting income tax withholding, and maximizing contributions to tax-deferred employer retirement savings plans such as 403(b) plans and the Thrift Savings Plan (TSP). This webinar is presented on behalf of the Military Families Learning Network. https://learn.extension.org/events/1675
HKP has helped recover over $84 million in employment tax credits through the Work Opportunity Tax Credit program (WOTC) for their clients. Employers who experience a lot of hiring or have high turnover are a good fit for the program as the credits are applied for getting individuals back to work. HKP helps employers determine if they qualify, and then applies for and recoups the credits on their behalf. There is very little work for the employer and they can receive up to tens of thousands of dollars.
Income Tax Tips for PFMs Working with Military Familiesmilfamln
This is a free webinar hosted by the Personal Finance concentration area of the Military Families Learning Network.
This 90-minute webinar will address updates to tax changes that affect military families and service members. Barbara O’Neill will discuss tax basics and common tax errors during the first half hour of this interactive webinar. In the second half Taylor Spangler of University of Florida Extension will talk about the specific tax issues of concern to military families, as well as provide military specific resources for tax help and support. Carol Kando-Pineda of the Federal Trade Commission will close the session with an update on the resources available through identitytheft.gov. Find more info: https://learn.extension.org/events/3191
This presentation discuss how trickle down economics. There is allot of misunderstanding on how income flows from Government treasury to social programs.
The presentation will discuss pressure facing the middle class including economic growth.
In this webinar, you learn all the tax breaks available to digital nomads and how you can qualify for each of them. We'll also review digital nomad tax basics for those who are new to filing taxes abroad or considering a move.
What You Will Learn:
- Digital nomad tax requirements and deadlines (if you're new to living abroad, some may surprise you!)
- The most popular tax exclusions, credits, and deductions for digital nomads
- Tax breaks for self-employed digital nomads
- How your location affects your taxes - and where to find tax havens to maximize savings!
- Common tax challenges for digital nomads and how to overcome them
Act to Transform the Tax System of the Commonwealth of Puerto Rico [P de la C...Alex Baulf
Summary of P de la C 2329 “Act to Transform the Tax System of the Commonwealth of Puerto Rico”
- Income Tax
- Sales and Use Tax – Value Added Tax
For transactions after 12/31/15
General rate is 16% on taxable transactions, except for the following which have a 0% rate:
- goods and services for export
- certain imports by manufacturers (Manufacturing Plant Certificate)
For transactions before 1/1/16, taxable items pursuant to 2011 Code will be subject to 16% (instead of 7%).
- Municipalities may not collect
- Treasury will make the payment to the eligible consumer
Doing Business in Canada - What you Need to KnowWelch LLP
Are you based in another country and thinking about expanding your business into Canada? Looking to understand the legal & tax related issues? On Tuesday, February 25th, 2014, highly experienced professionals Mona Tessier, Don Scott, & Jamie Hollingworth provided 60 minutes of detailed advice for how to conduct business in Canada.
To view this Welch LLP webinar (and others), click here: http://www.welchllp.com/resource-centre/videos/webinars/
2014 Annual Accounting Update for Not-for-ProfitsWelch LLP
On Oct. 22nd, 2014, Welch LLP's experts hosted its annual Not-For-Profit seminar where they reviewed past, present & upcoming financial issues facing NPO’s.
To listen to the recording, please visit: http://www.welchllp.com/resource-centre/videos/events/
Areas of Discussion:
• A refresher of last year's key topics
• Anti-spam legislation
• Tax Essentials: Key income tax & HST updates
• Federal incorporation act update
• Accounting update on new principles
• Governance best practices
• Tips to prevent fraud in NPO's
Speakers:
• Don Scott, FCPA, CA - Tax Partner, Director of Tax Services
• Mona Tessier, CPA, CA, CA.IT - Senior Manager, Indirect Tax Partner
• Shawn Kelso, CPA,CA - Director of Professional Standards
• Christa Casey, CPA, CA - Partner & Director of the Not-for-Profit Sector
• Andre Auger, CGA, CFE - Government Services Provider
• Adam Aptowitzer - Lawyer, Drache Aptowitzer LLP
• Alexandra Tzannidakis, B.A., LL.B. - Lawyer, Drache Aptowitzer LLP
This presentation will be two hours in duration and will offer two CPE credits. The presentation will focus on tax law updates for both businesses and individuals that are expected to be passed. The discussion during the webinar will feature information on both sides, as they are often interdependent.
The webinar will also touch on the tax policies of some of the 2016 presidential candidates and how these policies will impact you and your organization.
Presentation slides from the Changing Face of SMSF Webinar, presented by Aaron Dunn of The SMSF Academy on 23 May 2013, looking at the latest technical and regulatory issues impacting self managed super funds.
Get the very latest on important tax law changes that will impact returns for Tax Year 2013. There are so many changes to keep track of each year. Let us us do the legwork and keep you up to speed on the current status of tax law changes and extenders. Topics will include the Defense of Marriage Act, Post 2013 Affordable Care Act changes and other IRS initiatives.
Military Families Learning Network Webinar - his 90-minute webinar will review a variety of time-tested tax and financial planning strategies including offsetting investment capital gains with capital losses, bunching itemized tax deductions, making charitable contributions, accelerating or delaying income, using up flexible savings account (FSA) balances, adjusting income tax withholding, and maximizing contributions to tax-deferred employer retirement savings plans such as 403(b) plans and the Thrift Savings Plan (TSP). This webinar is presented on behalf of the Military Families Learning Network. https://learn.extension.org/events/1675
HKP has helped recover over $84 million in employment tax credits through the Work Opportunity Tax Credit program (WOTC) for their clients. Employers who experience a lot of hiring or have high turnover are a good fit for the program as the credits are applied for getting individuals back to work. HKP helps employers determine if they qualify, and then applies for and recoups the credits on their behalf. There is very little work for the employer and they can receive up to tens of thousands of dollars.
Income Tax Tips for PFMs Working with Military Familiesmilfamln
This is a free webinar hosted by the Personal Finance concentration area of the Military Families Learning Network.
This 90-minute webinar will address updates to tax changes that affect military families and service members. Barbara O’Neill will discuss tax basics and common tax errors during the first half hour of this interactive webinar. In the second half Taylor Spangler of University of Florida Extension will talk about the specific tax issues of concern to military families, as well as provide military specific resources for tax help and support. Carol Kando-Pineda of the Federal Trade Commission will close the session with an update on the resources available through identitytheft.gov. Find more info: https://learn.extension.org/events/3191
This presentation discuss how trickle down economics. There is allot of misunderstanding on how income flows from Government treasury to social programs.
The presentation will discuss pressure facing the middle class including economic growth.
Top 5 Things Entrepreneurs Need to Know
Presentation by: Plamen Petkov, Vice-President, Ontario & Business Resources
Series of presentations from the MantraVision 2015 Event held on October 21st by Mantralogix Inc.
http://insights.mantralogix.com/mantravision-2015-event
This presentation discuss how trickle down economics. There is allot of misunderstanding on how income flows from Government treasury to social programs.
The presentation will discuss pressure facing the middle class including economic growth.
It is not one government policies, but many that support economic growth.
With the busy tax season just around the corner, this presentation will give tax preparers a head start on making it the most profitable one ever.
The session will include the latest on:
Tax legislation
IRS regulations
New tax technologies
Staffing and practice management strategies
Embracing GenAI - A Strategic ImperativePeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
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Under Augustus, the empire experienced the Pax Romana, a 200-year period of relative peace and stability. Augustus reformed the military, established efficient administrative systems, and initiated grand construction projects. The empire's borders expanded, encompassing territories from Britain to Egypt and from Spain to the Euphrates. Roman legions, renowned for their discipline and engineering prowess, secured and maintained these vast territories, building roads, fortifications, and cities that facilitated control and integration.
The Roman Empire’s society was hierarchical, with a rigid class system. At the top were the patricians, wealthy elites who held significant political power. Below them were the plebeians, free citizens with limited political influence, and the vast numbers of slaves who formed the backbone of the economy. The family unit was central, governed by the paterfamilias, the male head who held absolute authority.
Culturally, the Romans were eclectic, absorbing and adapting elements from the civilizations they encountered, particularly the Greeks. Roman art, literature, and philosophy reflected this synthesis, creating a rich cultural tapestry. Latin, the Roman language, became the lingua franca of the Western world, influencing numerous modern languages.
Roman architecture and engineering achievements were monumental. They perfected the arch, vault, and dome, constructing enduring structures like the Colosseum, Pantheon, and aqueducts. These engineering marvels not only showcased Roman ingenuity but also served practical purposes, from public entertainment to water supply.
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2. Welcome Everyone!
Let’s introduce ourselves to each other!
• What is your name?
• What do you think of if you hear the word
“tax”?
• Tell us one thing you want to learn from this
workshop.
3. Content Objectives:
At this workshop, you will learn:
about the Canadian tax system;
about the process of filing a tax return;
and
how to ask for help or find more
information about income tax refund.
4. Vocabulary for Tax
• a refund
• to file a tax return
• CRA
• to levy tax
• taxable
• T4 or T4A
• slips
• tax revenue
• deductions
• tax credits
• 2014 tax year
5. Types of Taxes
Taxes you pay in Canada
• Sales Taxes
• Income Taxes
• Property Taxes
Provincial (PST) & Federal (GST)
Provincial & Federal
Municipal
6. Discussion
1. What kind of taxes do people pay in your
home country?
2. Who pays the taxes?
3. How do people pay taxes in your country?
What happens if they don’t pay taxes?
7. Why do we pay taxes in
Canada?
Federal Provincial Municipal
Clipart Source: https://openclipart.org
8. Types of Common Benefits
Source: http://www.cra-arc.gc.ca/tx/ndvdls/dctrs/lrn-tx/lrn-smpl-eng.html
Ottawa Photo by Justin Swan https://www.flickr.com/photos/118304891@N02/13700235425/ shared under CC-BY-SA
Social Services:
Old Age Security, Employment
Insurance, Canada Child Tax Benefit,
Universal Child Care Benefit, Working
Income Tax Benefit
Public Services:
roads, bridges, garbage
collection, recycling, snow
removal, parks, libraries and
playgrounds
Healthcare Services:
ambulance, healthcare, and
hospital
Educational Services:
schools, daycares, libraries
9. How much income tax do we pay?
• Taxable Income
=Total amount of income - deductible expenses
Examples:
• Employment
• Investments
• Rental property
• EI
• CPP
Examples:
• Childcare expenses
• Moving costs due to
job relocation
• Medical expenses
• RRSP Contribution
Source: http://www.wikihow.com/Calculate-Federal-Taxes-in-Canada
http://turbotax.intuit.ca/tax-resources/tax-deductions/personal-income-tax-deductions-in-canada.jsp
10. How much income tax do we
pay? (cont’d)
• Tax Bracket
Manitoba Income Tax Brackets & Rates
(2014 Tax Year)
Tax Brackets Income Tax Rates
Up to $31,000 10.80 %
$ 31,001 - $67,000 12.75 %
$ 67,001 – and Over 17.40 %
Source: http://www.tax-services.ca/manitoba-tax-brackets-mb-income-tax-rates/
11. How much income tax do we
pay? (cont’d)
• Tax Bracket
Federal Tax Brackets & Rates (2014 Tax Year)
Tax Brackets Income Tax Rates
Up to $43,953 15%
$ 43,954 – $87,907 22 %
$87,908 - $136,270 26 %
Over $136,270 29 %
Source: http://www.tax-services.ca/canadian-tax-brackets-2014-income-tax-rates/
12. How much income tax do we
pay? (cont’d)
• Tax Bracket
MB Tax combined with Federal Income Tax
(2014 Tax Year)
Taxable Income Income Tax Rates
Up to $43,561 26 %
$ 43,562 - $87,123 34 %
$ 87,124 - $135,054 43.40 %
$135,055 – and Over 46.40 %
Source: http://www.tax-services.ca/manitoba-tax-brackets-mb-income-tax-rates/
13. Filing a Tax Return
• Who needs to file a tax return?
“Anyone who has a residential tie to Canada
for tax and benefits purposes”
• Why?
Make an adjustment between the estimated
income tax that was already withdrawn from
your paycheque in the tax year and the total
amount of income tax you need to pay
14. Filing a Tax Return
• How?
Applying online Applying on paper Hiring an accountant
Baby photo http://www.publicdomainpictures.net/ Shared under CC
Paper work photo by Phil Parker: http://www.flickr.com/photos/45131642@N00/5508313347/ Shared under CC-BY
Cat photo by Found Animals Foundation https://www.flickr.com/photos/foundanimalsfoundation/8055190879/ Shared under CC-BY
15. Filing a Tax Return
• By When?
Midnight
April 30, 2015
Clock photo by Jonathan Bliss https://www.flickr.com/photos/jonathan_bliss/3402567108/ Shared under
CC-BY-SA
16. Filing a Tax Return
• How often?
Calendar Photo by Caillum Smith https://www.flickr.com/photos/woodypine/15175622674/ shared under CC-BY
Once a year
17. How to get a tax package
1. Download Online
Go to http://www.cra-arc.gc.ca/formspubs/t1gnrl/menu-eng.html and click
your own province.
2. Order Online
Go to http://www.cra-arc.gc.ca/cgi-bin/puborder.cgi?lang=en and fill out
necessary forms.
3. Order by Phone
Call 1-800-959-8281 (from Canada and the USA)
Call 1-613-940-8495 (from outside of Canada and the USA)
4. Pick up in Person
Search your nearest Service Canada office at
http://www.servicecanada.gc.ca/cgi-bin/sc-srch.cgi?app=hme&ln=eng
Source: http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/ncm-tx/rtrn/gttng/menu-eng.html
18. Process of Filing a Tax Return
Online
Step 1: Get
prepared
• Collect necessary information and records such
as receipts and TF slips
• Set up an online account with RCA
Step 2: Submit
your information
• Get certified software
• Enter your information using the
software
Step 3: Send your
return and receive
a refund (or make
payments)
• Keep your CRA
confirmation number
• Set up your online
direct deposit
account
Source: http://www.cra-arc.gc.ca/gncy/t1gtrdy/menu-eng.html
19. Step 1: Getting prepared
• Things you need to collect:
T4 slips Receipts Copy of tax
return from
previous year
20. Step 1: Getting prepared
• Create your online account with the
CRA.
Go to http://www.cra-arc.gc.ca/esrvc-
srvce/tx/psssrvcs/gtnln/nfgrphc1-eng.pdf
• Check out the tax credits that you
might be entitled to.
21. Step 2: Submit your information
• Get a certified tax software for free.
http://www.cra-arc.gc.ca/esrvc-srvce/tx/ndvdls/netfile-
impotnet/crtfdsftwr/menu-eng.html
• Purchase a certified tax software
22. Step 3: Get refund or make
payment
• Keep your CRA confirmation number
• Set up your online direct deposit
account
23. How to set up direct deposit
1. Apply online
Set up your direct deposit through your RCA
account: http://www.cra-arc.gc.ca/esrvc-
srvce/tx/ndvdls/myccnt/menu-eng.html
2. By mail
Fill out an enrollment form at http://www.tpsgc-
pwgsc.gc.ca/recgen/dd/form/can-eng.html
3. By Phone
Call 1-800-959-8281
Source: http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/drct_dpst-eng.html
24. Things to keep in mind
• Tax situation varies person to person
• Look for tax credits you might be
eligible to
• Keep the CRA informed of your latest
contact information
25. Tax Credits:
• First-time donor’s super credit
• Children’s fitness tax credit
• Family caregiver tax credit
• Children’s art tax credit
Source: http://www.canada.ca/en/campaign/taxsavings/index.html
26. Tax Credits:
• First-time home buyers’ tax credit
• Pension income splitting
• Volunteer firefighter tax credit
Source: http://www.canada.ca/en/campaign/taxsavings/index.html
27. Tax Credits:
• Tradesperson’s tools deduction
• Family tax cut
• Universal child care benefit
Source: http://www.canada.ca/en/campaign/taxsavings/index.html
28. Listening:
• Videos: Tax savings working for you!
http://www.cra-arc.gc.ca/vdgllry/wtchds/menu-
eng.html?clp=wtchds/chldrnftnss14-eng&fmt=mp4
29. Listening: Children’s Fitness Tax
Credit
1. Up to how much tax credit can Susie’s parents receive?
2. How much do Susie’s parents need to spend to receive the full credit?
3. What can be included in the claim?
4. Up to what age are children eligible for this tax credit?
5. What else does Ella qualify for besides the children’s fitness tax credit?
6. What are the conditions of the programs that qualify for this tax
credit?
7. Do the parents need to include the receipts in their tax documents?
30. Children’s Fitness Tax Credit
1. Up to how much tax credit can Susie’s
parents receive for Susie?
2. How much do Susie’s parents need to
spend to receive the full credit?
3. What can be included in the claim?
A: $1,000 or more
A: registrations, membership fees
A: up to $150
31. Children’s Fitness Tax Credit
4. Up to what age are children eligible for this
tax credit?
5. What else does Ella qualify for besides the
children’s fitness tax credit?
A: They must be under 16 at the beginning of the year
A: Disability Tax Credit
32. Children’s Fitness Tax Credit
6. What are the conditions of the programs that
qualify for this tax credit?
7. Do the parents need to include the receipts in their
tax documents?
A: The programs have to last at least 5 consecutive days.
The programs must be supervised.
The programs must include physical activities.
A: No, they don’t. They just need to keep them in case
of an audit from CRA.
33. Learn more about each tax
credit
Go to http://www.cra-arc.gc.ca/vdgllry/menu-eng.html
1. Choose Ads and videos: Tax savings ...
working for you!
2. Choose Videos.
35. How to ask for help
• Tax Information Phone Services (TIPS)
Info-Tax (Press 1- 4 - 2)
1-800-267-6999
http://www.cra-arc.gc.ca/esrvc-srvce/tps/menu-eng.html
• Talking to an Agent
http://www.cra-arc.gc.ca/cntct/hdsk-nd-
eng.html
Phone clipart:
36. How to ask for help
• Community Volunteer Income Tax
Program (CVITP)
http://www.cra-arc.gc.ca/tx/ndvdls/vlntr/nd-eng.html
37. Follow-up Activity: How to ask
for help
Task: How to Get the Tax Information through
the TIPS
1. What do you want to know more about? Choose
the topic that is of interest from the Info-Tax list.
2. Call TIPS and listen to the automated Tax
Information.
3. Write down what you have learnt.
Source: http://www.cra-arc.gc.ca/esrvc-srvce/tps/menu-eng.html
38. Do you want to know more?
• Canada Revenue Agency - Resources for Newcomers
(There are accessible video resources available for
newcomers.)
http://www.cra-arc.gc.ca/newcomers/
• Learning more about the federal tax credits
http://www.canada.ca/en/campaign/taxsavings/index.html
• How to open an online account with CRA
http://www.cra-arc.gc.ca/esrvc-srvce/tx/psssrvcs/gtnln/nfgrphc1-eng.pdf
• Video recorded webinar for individuals and families
http://www.cra-arc.gc.ca/vdgllry/menu-eng.html
• Learning more about Taxes (There is a self-study course
available.)
http://www.cra-arc.gc.ca/tx/ndvdls/dctrs/lrn-tx/menu-eng.html
39. If you need help….
• Tax Information Phone Services (TIPS)
http://www.cra-arc.gc.ca/esrvc-srvce/tps/menu-eng.html
• Phone Inquiries
http://www.cra-arc.gc.ca/cntct/hdsk-nd-eng.html
• Community Volunteer Income Tax Program
(CVITP)
http://www.cra-arc.gc.ca/tx/ndvdls/vlntr/nd-eng.html