Close X
Thursday, November 28, 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

    Meet The Mom-Daughter Trio The Internet Can’t Tell Apart!

    Meet The Mom-Daughter Trio The Internet Can’t Tell Apart!
    The photo featured her twin, Kyla, and their mother. However, the three look so much alike that everyone is still trying to figure out which is which! Can YOU tell?

    Meet The Mom-Daughter Trio The Internet Can’t Tell Apart!

    World Is Shrinking, We Are Just 3.5 Degrees Apart: Facebook

    World Is Shrinking, We Are Just 3.5 Degrees Apart: Facebook
    According to researchers, our collective “degrees of separation” have shrunk over the past five years.

    World Is Shrinking, We Are Just 3.5 Degrees Apart: Facebook

    Discovery Of Starving Dog In Maple Ridge, B.C., Leads To Animal Cruelty Charges

    Discovery Of Starving Dog In Maple Ridge, B.C., Leads To Animal Cruelty Charges
    The owner of an emaciated husky in Maple Ridge, B.C., that ate gravel to try to stay alive faces two charges of animal cruelty.

    Discovery Of Starving Dog In Maple Ridge, B.C., Leads To Animal Cruelty Charges

    Lone Raccoon Makes Brief Appearance On Toronto Subway, Causes Delay

    Lone Raccoon Makes Brief Appearance On Toronto Subway, Causes Delay
    Toronto Transit Commission spokesman Brad Ross says the raccoon was first spotted at around 8 a.m. on a southbound train heading towards Spadina Station, one of the hubs connecting Toronto's two main subway lines.

    Lone Raccoon Makes Brief Appearance On Toronto Subway, Causes Delay

    Lax Border Checks Allow Illegal Drugs To Slip Undetected Out Of Canada: Auditor

    Lax Border Checks Allow Illegal Drugs To Slip Undetected Out Of Canada: Auditor
    The Canada Border Services Agency is not keeping a close enough eye on exports, causing high-risk shipments — including illegal drugs and stolen cars — to leave the country undetected, auditor general Michael Ferguson says.

    Lax Border Checks Allow Illegal Drugs To Slip Undetected Out Of Canada: Auditor

    Feel 'Like A Mother-in-law' When Guidance Sought, Says Pope Francis

    Feel 'Like A Mother-in-law' When Guidance Sought, Says Pope Francis
    Pope Francis quipped that he feels "rather like a mother-in-law" when called upon to give guidance.

    Feel 'Like A Mother-in-law' When Guidance Sought, Says Pope Francis