Tips for Students and Young People
If you are over 16 years old or over (born in 1991 or earlier) and have a small or no income you should file a tax return for 2008.
WHY: when you file CRA will send you $ 100.00 to reimburse you some of the sales tax you spent during the year.
Also if you are at least 19 years old, the Federal Government, might also send you up to $ 242.00 to reimburse you for some of the GST you spent during the year.
It is a good deal to file your income tax return even if you have a small or no income for 2008. We will even go to your house to file your return and you will receive your refund in about two weeks. A good deal.
You might also able to claim some moving expenses.
The scholarships are now tax exempt.
The monthly education amount is $ 400.00 for individuals in full time programs, including those attending part time because they are mentally or physically impaired. In addition you can claim a textbook amount of $ 65.00 for each month of full time study. Also, an education amount of $ 120.00 for each month in which you were studying in a qualifying part-time program.
Please call 905-634-5605 for information or Contact us
and we will respond within 24 hours