tax credit

Medical Expense Tax Credit – Service Animals

2018-06-13T15:20:58+00:00

The Medical Expense Tax Credit – Service Animals (METC) provides tax relief in respect of certain expenses related to an animal specially trained to assist a patient in coping with the following impairments: blindness, profound deafness, severe autism, severe diabetes, severe epilepsy or a severe and prolonged impairment that markedly restricts the use

Medical Expense Tax Credit – Service Animals2018-06-13T15:20:58+00:00

Apprenticeship Job Creation Tax Credit Qualifications

2018-06-07T13:05:41+00:00

The Apprenticeship Job Creation Tax Credit (AJCTC) is a non-refundable tax credit equal to 10{cae2521f64dcff784c511b644c6cc8c98f9594c79acdd41ba953a724385391e5} of the eligible salaries and wages payable to eligible apprentices in respect of employment after May 1, 2006. The maximum credit an employer can claim is $2,000 per year for each eligible apprentice. If your business hires an eligible apprentice, you qualify to claim the credit. Determining if the apprentice is

Apprenticeship Job Creation Tax Credit Qualifications2018-06-07T13:05:41+00:00

2018 B.C. Budget Sets Sight on Housing Affordability

2018-02-21T15:16:12+00:00

The B.C. government recently unveiled its 2018 Budget.  One of its key focus was on the province's housing market.  In an effort to reign in speculation and address housing affordability, the province is set to implement some new taxes, as well as, update some existing ones.  New provincial-federal programs will also be introduced

2018 B.C. Budget Sets Sight on Housing Affordability2018-02-21T15:16:12+00:00

The Working Income Tax Benefit Credit

2017-12-27T16:10:16+00:00

The Working Income Tax Benefit (WITB) is a refundable tax credit intended to provide tax relief for eligible working low-income individuals and families who are already in the workforce and to encourage other Canadians to enter the workforce. The WITB consists of a basic amount and a disability supplement. Are you eligible for

The Working Income Tax Benefit Credit2017-12-27T16:10:16+00:00

B.C.’s Low Income Climate Action Tax Credit

2017-12-06T15:37:45+00:00

The B.C. Low Income Climate Action Tax Credit helps offset the impact of the carbon taxes paid by low income individuals or families. The Low Income Climate Action Tax Credit is combined with the federal Goods and Services Tax/Harmonized Sales Tax (GST/HST) Credit into one quarterly payment. The payments are issued by the

B.C.’s Low Income Climate Action Tax Credit2017-12-06T15:37:45+00:00

The BC Education Coaching Tax Credit

2017-08-30T14:37:10+00:00

The B.C. Education Coaching Tax Credit is a non-refundable tax credit for teachers and teaching assistants who carry out at least 10 unpaid hours of extracurricular coaching activity in the tax year. The credit amount is $500, providing a tax benefit of up to $25.30. You’re eligible to claim the tax credit if

The BC Education Coaching Tax Credit2017-08-30T14:37:10+00:00

Small Business Venture Capital Tax Credit

2017-08-23T14:55:38+00:00

Venture Capital Programs encourage investors to make equity capital investments in British Columbia small businesses that will enhance and diversify the provincial economy. The government recognizes that creating new small businesses and expanding existing ones will contribute to a healthy economy. These programs give small business continuous access to early stage venture capital to help them develop and

Small Business Venture Capital Tax Credit2017-08-23T14:55:38+00:00

B.C.’s Home Renovation Tax Credit for Seniors and Persons with Disabilities

2017-08-09T15:56:27+00:00

The Home Renovation Tax Credit for Seniors and Persons with Disabilities assists eligible individuals 65 and over and persons with disabilities with the cost of certain permanent home renovations to improve accessibility or be more functional or mobile at home. You’re eligible to claim the credit for the year if on the last day of

B.C.’s Home Renovation Tax Credit for Seniors and Persons with Disabilities2017-08-09T15:56:27+00:00

B.C. Back to School Amount

2017-08-02T15:28:00+00:00

  The B.C. Back to School Amount is a non-refundable tax credit that was introduced in 2016.  The credit is aimed at parents of school age children to help with the cost of purchasing school supplies. The credit amount is $250 for each child, providing a tax benefit of up to $12.65 for

B.C. Back to School Amount2017-08-02T15:28:00+00:00

Eligible Educators – Claim Your School Supply Tax Credit

2017-03-29T16:16:01+00:00

The Government of Canada values the contribution teachers make providing young Canadians with the education and skills they need to join a strong middle class. There is a new refundable tax credit for 2016 and beyond: the Eligible Educator School Supply Tax Credit. If you are an eligible educator you can now claim

Eligible Educators – Claim Your School Supply Tax Credit2017-03-29T16:16:01+00:00