Close X
Sunday, November 24, 2024
ADVT 
Interesting

5 Things You Should Know Before Filing 2015 Income Tax Returns

The Canadian Press, 06 Apr, 2016 01:05 PM
    OTTAWA — Five things to know when filing income tax returns this year:
     
    Deadline: The deadline for most Canadians to file their income tax return is normally April 30, but because that falls on a Saturday this year, the Canada Revenue Agency will consider it on time if returns are submitted by May 2.
     
    If you or your spouse or common-law partner were self-employed last year, you have until June 15 to file. But if you owe money, you must still pay it by May 2.
     
     
    Always file a return: Even people who have no income or only made a small amount last year and don't owe any tax should file an income tax return. They may be eligible for a refund or other benefits such as the goods and services tax/harmonized sales tax credit.
     
     
    New this year: The Canada Revenue Agency is making it easier this year to prepare income tax returns. People are allowed to use a new auto-fill service to fill in tax information for 2015, depending on the software they use.
     
     
    Changes: Were there any big changes in your life in 2015? Did you get married, have a child or maybe move across the country to take a new job? These could mean changes in your income tax return this year.
     
     
    Need help?: People don't need to pay an accountant for help doing their tax returns. The Community Volunteer Income Tax Program has been helping Canadians with modest income and a simple tax situation prepare their tax returns for more than 40 years.

    MORE Interesting ARTICLES

    Is Your Boss Always A Jerk?

    Is Your Boss Always A Jerk?
    According to researchers, employees with fickle bosses were more prone to stress, job dissatisfaction and emotional exhaustion than people who were treated poorly all the time, finds a study.

    Is Your Boss Always A Jerk?

    Attachment To God May Lead To Increased Job Satisfaction

    Attachment To God May Lead To Increased Job Satisfaction
    People who feel attached to God are more likely to be emotionally committed to their workplace and satisfied with their jobs, says a new study.

    Attachment To God May Lead To Increased Job Satisfaction

    Study: British Need To Retire At 81 To Get Parents' Standard

    Study: British Need To Retire At 81 To Get Parents' Standard
    The retirement age for men and women is already set to rise to 66 between December 2018 and October 2020.

    Study: British Need To Retire At 81 To Get Parents' Standard

    Visit Simon Fraser University’s Surrey Campus For SFU’s 50th Anniversary Open House March 2

    Visit Simon Fraser University’s Surrey Campus For SFU’s 50th Anniversary Open House March 2
      The event will offer a host of interactive activities and information on programs offered at the campus while celebrating SFU’s diversity and community connections.

    Visit Simon Fraser University’s Surrey Campus For SFU’s 50th Anniversary Open House March 2

    The Model With The Prosthetic Leg, Walks The Ramp At The New York Fashion Week

    The Model With The Prosthetic Leg, Walks The Ramp At The New York Fashion Week
    28-year-old model is making waves after her New York Fashion Week debut. Lauren Wasser — who spent four years recuperating from toxic shock syndrome — stormed the ramp

    The Model With The Prosthetic Leg, Walks The Ramp At The New York Fashion Week

    Delhi Domestic Help Is Now A Model For Leading Indian Designer

    Delhi Domestic Help Is Now A Model For Leading Indian Designer
    Do clothes make a woman or does the woman infuse her natural charm into an ensemble and make it memorable?

    Delhi Domestic Help Is Now A Model For Leading Indian Designer