Income Tax Refund and Tax Credits

The following tax refunds and credits apply to both individuals and businesses:

  • Tax Refund for low income families and individuals
  • Self-employed tax payers pays lowest taxes by reducing home office expenses, car expense and related expenses to the business, such as rent, heat , telephone, restaurant, clothing for work, make up for work, supplies, desk, equipments, computer, printer, purchases, subcontract, insurance, convention, professional training and developments, car expenses,  grocery related to the business for day care, and all other related expenses.
  • Property Tax Refund
  • Property Tax Refund for Forest Producers
  • Rental Income can deduct all the rental expenses to reduce taxes, such as car expense, advertising, tools, taxes, interest, notary cost, welcome taxes, maintenance & repairs, Management and administration fees, salaries, subcontracts, depreciation and all other related expense.
  • Rebate for Employees and Partners
  • Tax Credit for a Top-Level Athlete
  • Tax Credit for Adoption Expenses
  • -Eligible expenses

    • Fees paid to a licensed adoption agency
    • Court costs and legal and administrative expense related
    • Reasonable and necessary travel expense of the child and adoptive parents.
    • Document translation fees
    • Mandatory fees paid to foreign institution
    • Any other expenses related to adoption
  • Tax Credit for Caregivers
    • The dependent been 18 or over at the time he or she lived with you
    •  Your or your spouse’s or common-law partners’ child or grand child
    • Had net income of less than $18,081
    • Been dependent due to mental or physical impairment or, physical impairment or if he or she is your or your spouse’s  or common-law partner’s parent or grandparent, born in 1943 or earlier.
    • Tax Credit for Child-Care Expenses
  • Tax Credit for Home Improvement and Renovation
  • -What kind of renovations qualify?

    • Renovating a kitchen or bathroom
    • New carpet or hardware floors
    • A new deck or fence
    • A new furnace or water heater
    • Painting the interior or exterior of your house
    • Resurfacing your driveway.
  • Tax Credit for Home-Support Services for Seniors
  • Tax Credit for Income from an Income-Averaging Annuity for Artists
  • Tax Credit for Medical Expenses
  • Tax Credit for Caregivers
  • Tax refund  for Taxi Drivers and Taxi Owners 
  • Tax Credit for the Acquisition or Lease of a New Fuel-Efficient Vehicle
  • Tax Credit for the Repayment of Benefits
  • Tax Credit for the Reporting of Tips
  • Tax Credit for the Treatment of Infertility
  • Tax Credit for Volunteer Respite Services
  • Tax Credit for the Income Tax Paid by an Environmental Trust
  • Children’s Fitness Credit
  • Tax Credit for Childcare Expenses
  • Amount for a Severe and Prolonged Impairment in Mental or Physical Functions
  • Amount for Children Enrolled in Post-Secondary Studies
  • Amount for Other Dependants
  • Disability Supports Deduction
  • Dividend Tax Credit
  • Donations and Gifts
  • Expenses for Medical Services Not Available in Your Area
  • Foreign Tax Credit (This credit is for foreign income or profits taxes you paid on income you received from outside the US and reported on your tax return. )
  • Interest Paid on a Student Loan
  • Medical Expenses
  • Tax Credit for the Beneficiary of a Designated Trust
  • Tax Credit for Donations & Contributions to Authorized Political Parties
  • Tax Credit for Recent Graduates Working in Remote Resource Regions
  • Tuition or Examination Fees for Students
  • Union, Professional or Other Dues
  • Single parent deduction $10,000+
  • Transfer credits between spouse  to maximize refund
  • Split pension income between the spouses to reduce  or pay no taxes
  • Transfer tuition and educations amounts from children and increase your refund
  • For private practice and Self-Employed, see categories in Business income/Professional income to prepare for tax filing.