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

    Get Ready! Facebook Set To Take On Youtube

    Get Ready! Facebook Set To Take On Youtube
    Get ready for a fierce content war between YouTube and Facebook. The social networking site is in talks with some of the biggest video content producers of YouTube to test videos directly on Facebook, media reported.

    Get Ready! Facebook Set To Take On Youtube

    Busted: Sex Toys Preferred By Men Too

    Busted: Sex Toys Preferred By Men Too
    It is a myth that most sex toys are bought by young, single women. In fact, sales of sex toys is split evenly between both the sexes, claims the world's biggest study of sex toy sales.

    Busted: Sex Toys Preferred By Men Too

    Sunshine linked to suicide risk

    Sunshine linked to suicide risk
    According to researchers from the Medical University of Vienna, sunshine is indeed linked to fatal self-harm, independent of the season....

    Sunshine linked to suicide risk

    People send most 'swear' tweets on Monday

    People send most 'swear' tweets on Monday
    According to British researchers, Monday evenings saw a particularly high percentage of tweets containing swear words that may be related to job pressure after...

    People send most 'swear' tweets on Monday

    Brain map shows how people take aim

    Brain map shows how people take aim
    Are you amazed at the success of Serena Williams who has just won her third consecutive US Open title? Along with physical strength and endurance...

    Brain map shows how people take aim

    How our nose detects odours

    How our nose detects odours
    Humans can detect and distinguish a trillion different odours and researchers have now identified the chemical strategy that the nose applies to perceive...

    How our nose detects odours