Monday, December 22, 2025
ADVT 
Interesting

5 Things You Should Know Before Filing 2015 Income Tax Returns

The Canadian Press, 06 Apr, 2016 01:05 PM
    OTTAWA — Five things to know when filing income tax returns this year:
     
    Deadline: The deadline for most Canadians to file their income tax return is normally April 30, but because that falls on a Saturday this year, the Canada Revenue Agency will consider it on time if returns are submitted by May 2.
     
    If you or your spouse or common-law partner were self-employed last year, you have until June 15 to file. But if you owe money, you must still pay it by May 2.
     
     
    Always file a return: Even people who have no income or only made a small amount last year and don't owe any tax should file an income tax return. They may be eligible for a refund or other benefits such as the goods and services tax/harmonized sales tax credit.
     
     
    New this year: The Canada Revenue Agency is making it easier this year to prepare income tax returns. People are allowed to use a new auto-fill service to fill in tax information for 2015, depending on the software they use.
     
     
    Changes: Were there any big changes in your life in 2015? Did you get married, have a child or maybe move across the country to take a new job? These could mean changes in your income tax return this year.
     
     
    Need help?: People don't need to pay an accountant for help doing their tax returns. The Community Volunteer Income Tax Program has been helping Canadians with modest income and a simple tax situation prepare their tax returns for more than 40 years.

    MORE Interesting ARTICLES

    Israelis ready to dump family, sex for internet: Poll

    Israelis ready to dump family, sex for internet: Poll
    A Google poll revealed that many Israeli people are willing to sacrifice sex and stop talking to their mothers for the sake of internet surfing....

    Israelis ready to dump family, sex for internet: Poll

    People shun swimming due to high entry fee

    People shun swimming due to high entry fee
    Faced with higher prices, more people are likely to drop swimming than gym workouts, finds a fascinating study....

    People shun swimming due to high entry fee

    Chimpanzees plan their breakfast time

    Chimpanzees plan their breakfast time
    Wild chimpanzees flexibly plan when and where they will have breakfast after weighing multiple factors, such as the time of day and the type of food to be eaten, research shows....

    Chimpanzees plan their breakfast time

    Future-focused women fight climate change better

    Future-focused women fight climate change better
    “They are more politically liberal and liberals are more likely to value the environment which makes them more likely to believe in global...

    Future-focused women fight climate change better

    Sleeping with more women reduces prostate cancer risk: Study

    Sleeping with more women reduces prostate cancer risk: Study
    As compared to men who have had only one partner during their lifetime, having sex with more than 20 women is associated with a 28...

    Sleeping with more women reduces prostate cancer risk: Study

    Errors sharpen memory while learning

    Errors sharpen memory while learning
    Committing mistakes while learning can benefit the memory and lead one to come up with the correct answer, but only if the guess is a near miss, a research revealed....

    Errors sharpen memory while learning