Close X
Sunday, December 1, 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

    Large Dog Runs Into Halifax Home And Kills Pomeranian As Pet Owner Looks On

    Large Dog Runs Into Halifax Home And Kills Pomeranian As Pet Owner Looks On
    HALIFAX — A Halifax-area woman says she struggled to save the life of her pet Pomeranian when a much larger dog bounded through the front door of her home, grabbed the tiny dog in its jaws and wouldn't let go.

    Large Dog Runs Into Halifax Home And Kills Pomeranian As Pet Owner Looks On

    Ashley Madison Hack: Not The Wake-Up Call Some Expected, Experts Say

    TORONTO — Far from the wake-up call some expected, the data breach that aired the personal dealings and financial information of Ashley Madison clients has yet to spur concrete changes in web security or the online dating industry.

    Ashley Madison Hack: Not The Wake-Up Call Some Expected, Experts Say

    Finance Professor Created Board Game For His Kids, And Now It's Finding Fans Around The World

    Finance Professor Created Board Game For His Kids, And Now It's Finding Fans Around The World
    "I'm surprised by all of this," said Kisgen, a former Wall Street investment banker who now lives outside Boston. "Frankly, it's been a lot of fun."

    Finance Professor Created Board Game For His Kids, And Now It's Finding Fans Around The World

    Slavery, Child Labour Tied To Shrimp Global Supply Chains, Including Wal-Mart, Red Lobster

    Slavery, Child Labour Tied To Shrimp Global Supply Chains, Including Wal-Mart, Red Lobster
    Poor migrant workers and children are being sold to factories in Thailand and forced to peel shrimp that ends up in global supply chains, including those of Wal-Mart and Red Lobster, the world's largest retailer and the world's largest seafood restaurant chain

    Slavery, Child Labour Tied To Shrimp Global Supply Chains, Including Wal-Mart, Red Lobster

    Japan's Top Court To Rule On Challenge To Law That Requires 1 Surname For Married Couples

    Japan's Top Court To Rule On Challenge To Law That Requires 1 Surname For Married Couples
    A Civil Code that dates from the 19th century says couples must adopt one surname, and women almost always sacrifice theirs.

    Japan's Top Court To Rule On Challenge To Law That Requires 1 Surname For Married Couples

    Radio Stations Hungry For New Christmas Songs But Find Few Enduring Hits

    Radio Stations Hungry For New Christmas Songs But Find Few Enduring Hits
    TORONTO — The sounds of the holiday season are pretty much the same from year to year: "Feliz Navidad," "Baby, It's Cold Outside" and "White Christmas" on constant rotation in supermarkets, department stores and coffee shops.

    Radio Stations Hungry For New Christmas Songs But Find Few Enduring Hits