#taxcredits

MalayalisNearMe Official

Post

๐Ÿ‘‰As September 2024 nears, Ontario residents can look forward to two critical CRA benefit payments. The Canada Child Benefit (CCB) provides tax-free monthly payments to help families with children under 18 manage childcare costs. Meanwhile, the Ontario Trillium Benefit (OTB) consolidates three provincial creditsโ€”the Ontario Sales Tax Credit, Ontario Energy and Property Tax Credit, and Northern Ontario Energy Creditโ€”into one monthly payment. These benefits offer essential financial relief to low- and moderate-income families and individuals across Ontario, helping to ease the burden of living expenses and ensuring access to necessary resources.โœ… . ๐„๐ฑ๐ฉ๐ž๐ซ๐ญ ๐Œ๐จ๐ซ๐ญ๐ ๐š๐ ๐ž ๐€๐๐ฏ๐ข๐ฌ๐ž- ๐€๐ญ ๐š ๐ญ๐ข๐ฆ๐ž ๐š๐ง๐ ๐ฉ๐ฅ๐š๐œ๐ž ๐œ๐จ๐ง๐ฏ๐ž๐ง๐ข๐ž๐ง๐ญ ๐Ÿ๐จ๐ซ ๐ฒ๐จ๐ฎ! ๐‰๐จ๐ฆ ๐Œ๐š๐ญ๐ญ๐š๐ฆ ๐Œ๐จ๐›๐ข๐ฅ๐ž ๐Œ๐จ๐ซ๐ญ๐ ๐š๐ ๐ž ๐€๐๐ฏ๐ข๐ฌ๐จ๐ซ +๐Ÿ ๐Ÿ”๐Ÿ’๐Ÿ• ๐Ÿ—๐Ÿ๐ŸŽ ๐Ÿ”๐Ÿ“๐Ÿ‘๐ŸŽ ๐ฃ๐จ๐ฆ.๐ฆ๐š๐ญ๐ญ๐š๐ฆ@๐œ๐ข๐›๐œ.๐œ๐จ๐ฆ @jom_mattam . . #OntarioBenefits #CRAPayments #CCB #OTB #FinancialRelief #OntarioFamilies #TaxCredits #mnm #malayalisnearmeapp #canadaupdate #canadanews

132 Views

3 months ago

MalayalisNearMe Official

Post

๐Ÿ‘‰The Canada Revenue Agency has made a few changes to some key tax benefits and credits this year that could help you save more money at tax time. 1. Canada Worker benefit is a benefit for low-income workers in Canada to help give them a bit of extra cash. 2. The eligible educator school supply tax credit allows elementary and secondary school teachers and other eligible educators to claim up to $1,000 of what they spent on school supplies out of their own pocket. 3. Climate Action Incentive will be refundable credit given on quarterly benefit 4. Home Office Credit where you simply claim $2 a day for each day you worked from home 5. Finally, if in 2021 you repaid any amount of COVID-19 benefits you received in 2020, you are able to claim that on your tax return as well.โœ… . . #canadarevenueagency #taxbenefits #malayalisnearme #savemoney #dailynews #dailynewscanada #malayalisnearmeapp #taxcredits

319 Views

2 years ago

Showing results 1 โ€” 2 of 2