(NC)—It's that time of year again—tax season. You may
be thinking that because you have no income to declare, you can avoid
the hassle of filing your income tax and benefit return. But did you
know that to get credits and benefits, like those on the GST/HST you
paid, or for the Canada Child Tax Benefit, you are required to file?
Here's more information even if you have no income to report:
• GST/HST credit: A tax-free quarterly payment that
helps individuals and families with low and modest incomes offset all or
part of the GST/HST they pay.
• Canada Child Tax Benefit: The CCTB is a tax-free
monthly payment made to eligible families to help them with the cost of
raising children under age 18 (it may include the national child benefit
supplement and the child disability benefit).
To avoid interruptions to your benefit and credit
payments, make sure you file by the deadline, which is April 30, 2013,
or June 17, 2013 if you or your spouse or common-law partner is
self-employed. Make filing your taxes easier by filing online, using the
certified software listed on the Canada Revenue Agency website at
www.netfile.gc.ca/software. Free software options are available. If you
need help filing, you may qualify for the Community Volunteer Income Tax
Program, which offers tax preparation clinics hosted by volunteers in
various community organizations. Find the nearest clinic at
www.cra.gc.ca/volunteer.
www.newscanada.com
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