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CRA Youth Survey
The survey found very few youth understand what our tax system is about. The findings are that even the basics about filing a tax return are not well known or understood.
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RC4064 Medical and Disability Related Information
Recently revised to include even more medical expenses and to better describe attendant care and disability benefits. Did you know that In Vitro fertilization is claimable?
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IT 513 Personal Tax Credits
This interpretation bulletin provides an explanation that every taxpaying family in Canada should know about!
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Government of Canada website
This website provides an overview of the government's information system.
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Finance website
The Finance website is where you find the budgets and explanatory notes about proposed legislation.
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The Budget for 2009
The 2009 speech, brief, plan and a Quick Index, which lists everything in alphabetical order from Aboriginals to the new 100% Capital Cost Allowance for Computers through to Youth and the Canadian Youth Business Foundation is found here.
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After the budget, Notice of Ways and Means...
After the budget is released, Finance releases a Notice of Ways and Means and Explanatory notes for debate in Parliament. These are issued by press release and you will normally find them under the Legislation tab.
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February 2, 2009 Press Release
Find the recent press release with the Notice of Ways and Means Motion and Explanatory Notes relating to the January 27, 2009 budget here.
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March 12, 2009, Bills on Parliamentary website
This is a link to the legislation that received Royal Assent on March 12, 2009 in part relating to the January 27, 2009 budget and also changing Canada's competition and foreign investment laws.
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Bills are posted on the Parliamentary website
Bills are posted on the Parliamentary website, first under Government, then under Senate as they pass through the House of Parliament into law after receiving Royal Assent by the Senate.
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Finance interprets for CanRev
Once Parliament and the Senate pass the Bill, Finance writes interpretations for Canada Revenue Agency (CanRev). These Interpretation Bulletins, Circulars and Technical News are stored on the CanRev website. You will find them several layers down below the Tax Professionals tab on the CanRev home page.
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Forms & Publications
Under Forms and Publications there are 26 different document types listed.
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Justice and the Attorney General, a joint role
You will find information about the mandate of Justice and the Attorney General, a joint role on the Justice website.
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Justice houses the Income Tax Act
The Income Tax Act is housed here. Not filing your tax returns, not reporting your income and paying tax is a criminal offence.
Link directly to the Income Tax Act, Table of Contents (smaller/faster linking): http://laws.justice.gc.ca/en/ShowTdm/cs/I-3.3///en
Specific section linking: http://laws.justice.gc.ca/en/I-3.3/section-[section-no].html
Here’s how: To link to a particular section of a statute, replace the [section-no] placeholder in the model link with the desired section number (no subsections); Example: medical expenses are found in S. 118.2(2) and will be found here: http://laws.justice.gc.ca/en/I-3.3/section-118.2.html
Try substituting 118.2 with 3, 15 or 69.
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CanRev: responsible for information and education
Taxpayers are required to know and apply the laws to self-assess and pay their taxes. CanRev is responsible for informing and educating Canadians about tax. Other than creating documents and posting them, there is a very limited budget to disseminate information to Canadians.
Information is available for free, but you have to know to ask for it and what to ask for. Canada Post delivers information for free to those who know what to ask for and how to ask for it.
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Access to court rulings
For many years, access to court rulings on tax court cases was limited to publisher subscriptions. Canadian Legal Information Institute (CanLII) has taken on the task of making tax information accessible for free for all Canadians... or at least those with internet access. What judges say about how we should be reading and interpreting tax laws is now accessible through the CanLII website.
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Auditor General for Canada
The annual performance audit report by the Auditor General every November is revealing.
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YouTube Contest
CanRev got creative in their outreach this spring. Yes, it’s a ‘YouTube’ contest. Annoyed that you pay too much tax and many people pay little or no tax because they are ‘underground’? Create your own video and enter by May 1, 2009.
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My Account: Access your personal information
Access your personal information by signing up for an E-Pass to access My Account. Check your assessments and re-assessments, review your carry forward balances, verify payments are recorded to the right tax year.
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You've earned it, claim it
Our government has been communicating, but have you been listening? The latest campaign is “You’ve earned it, claim it”
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Google your TD1 for Tax Credits
The best place to ‘google’ to read about personal tax credits is the TD1s and worksheets for partial claims as both federal and for your province/territory provide the credits and upper and lower net income limits.
Take an hour to closely examine every one of the twelve categories in some detail as some credits transfer, others depend on support, who is single and supportive or who lives with whom or not, but does support someone. I dare you to read past the first two categories all the way to the bottom of the TD1.
Not sure what support entails? Go back to IT 513 Personal Tax Credits to read more.
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