Posts Tagged tax credit
Ontario Tuition Grant
More than 300,000 college and university students in Ontario whose parents' income is less than $160,000 are now eligible to apply for the Ontario Tuition Grant. This is a new program that will provide a 30 per cent tuition rebate to qualified students and aims ...
0 Comment | Posted in Financial Planning for Business Owners,Tax Planning
January 23, 2012
Changes to the Medical Expense Tax Credit
If you were considering cosmetic surgery, teeth whitening, hair transplants or Botox injections and hoping that the expenses would be eligible for the Medical Expense Tax Credit, you may be too late. In 2010, the Medical Expense Tax Credit reduces the federal tax of a claimant ...
5 Comments | Posted in Financial Planning for Business Owners,Group Insurance,Health Spending Accounts
April 22, 2010
Home Renovation Tax Credit
One of the new measures introduced by the 2009 federal budget was the Home Renovation Tax Credit. This non-refundable tax credit can be claimed if you make certain renovations to an eligible residence after January 27th, 2009 but before Feb.1, 2010. The credit will apply ...
70 Comments | Posted in Tax Planning
November 10, 2009
