Adult Financial Literacy Guide | Page 14

Tax Return

Filing Annual Income Tax Return
Tax Return
Even if you don ’ t make any money , it ’ s important to file your income tax return . There are government benefits that require an income tax return before you can access them ( e . g . GST / HST rebate , subsidies ). To get the money , you will need to file a tax return .
There are a couple of free or low cost ways to file a return .
The Volunteer Community Income Tax Program can do your Income Tax for you if you need help . Service is free to lower income individuals and households . Volunteers will help you with Sales Tax Credits , Student Credits , Child Credits and Benefits , Refunds , and more .
For more information about the Volunteer Community Tax Program contact Jane McNab at 250-837-5910 .
On-line software . There are trustworthy tax filing software companies that are either low cost or free . There are conditions to be met to access the free return ( e . g . student , income below a certain level ). If you are comfortable using a computer and have an internet connection this may be the option for you .
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For a list of CRA approved NTETFILE software and eligibility terms go to : http :// www . cra-arc . gc . ca / esrvc-srvce / tx / ndvdls / netfile-impotnet / menu-eng . html
Instant Refunds There are services that offer you the chance to get your refund “ right away ” without waiting for your tax return to be sent away first . Check-out the costs of using these services , you may be paying more money to use this services .
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