Friday, April 17, 2009

Canadian Tax Advise


For those that haven't done your taxes and may have a balance owing, I need to remind you that you better file your taxes no later than Thursday April 30, 2009.
Few tips for my fellow Canadian:
  • Transit Pass Credit: besides monthly passes, you can also claim your electronic fare products and weekly passes which covered at least 20 days in a 4-week period.
  • Children's Fitness Amount: each kid allows up to $500 spent on eligible program of physical activities, such as swimming, hockey.
  • Caregiver Amount: you can claim caregiver amount ($4095) If you have parent/grandparent living with you and over age of 65(regardless of their income).

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