Apply for the GST/HST Credit

Settlement ISC Community, Finance, Updates

The Goods and Services/Harmonized Sales Tax (GST/HST credit) is a tax-free quarterly payment that helps individuals and families with low and modest incomes offset all or part of the GST or HST that they pay.

Increase in Canada Child Benefit

Settlement ISC Community, Finance, Updates

Starting in July 2019, the Canada Child Benefit is increasing. The maximum annual benefit has increased to $6,639 per child under the age of 6 and to $5,602 per child age 6 to 17. This will give parents more money each month to keep up with the cost of living, as well as help them provide for their kids.

Increased Canada Child Benefit Payments coming July 2019

Settlement ISC Community, Finance, Updates

On May 6 2019, the Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development, announced that the Canada Child Benefit will be raised again starting July 20, 2019. This means that in the 2019 – 2020 benefit year, the maximum benefit will be $6,639 per child under the age of 6 and $5,602 per child aged 6 – 17.

Income Tax Return Deadline 2019

Settlement ISC Community, Finance, Updates

Income tax return deadline this year is on Monday, April 30th 2019. Immigrant Services Calgary is offering free income tax return clinics. If you are modest income and have simple tax situation, you can book an appointment with a settlement counselor to partake in the income tax return clinics. Book an appointment through https://settlementcalgary.com/booking/

Income Tax Return Information Sessions

Settlement ISC Community, Finance, Updates

Tax season is starting, Immigrant Services Calgary will be hosting income tax return information sessions. Information on the types of income that are taxable, where to get taxes done free, how to prepare for a tax appointment and more will be answered at the session. There will also be a personal income tax return session where you can learn about taxable and nontaxable income, basic tax forms, and free income tax clinics and how to prepare for a tax appointment.

ISC Income Tax Return Information Sessions 2019

Settlement ISC Community, Finance, Updates

With the tax season starting soon in 2019, Immigrant Services Calgary will be hosting income tax return information sessions. Information on the types of income that are taxable, where to get taxes done free, how to prepare for a tax appointment and more will be answered at the session.

Old Age Security Benefits increase July 1

Settlement ISC Finance, Updates

The Government of Canada has announced that the Old Age Security Benefit (OAS) has been increased as of July 1st 2018. According to its news release “a single senior receiving OAS and the Guaranteed Income Supplement (GIS) with no other income may receive $1,728.84 more than in November 2015”.  The OAS program is the Government of Canada’s largest pension program. It is a monthly payment available to seniors aged 65 and older who meet the Canadian legal status and residence requirements. 

2017 Tax Return Due

Settlement ISC Finance

Do you know when is your 2017 tax return due? For most income tax and benefit returns are due on or before April 30, 2018. You should file your taxes on time to avoid the late-filling penalty, and your benefit payments aren’t delayed or stoped.  Immigrant Services Calgary is offering free volunteer-led tax preparation clinics. Our Canada Revenue Agency community …

Child and Family Benefits Calculator

Settlement ISC Finance

Do you want to know what child and family benefits you may be able to get and how many you may get? The Canada Revenue Agency provides an online child and family benefits calculator. The reliability of the results depends on the accuracy of information you input. Web link: Child and Family Benefits Calculator – CRA

Canadian Income Tax System

Settlement ISC Finance

People living in Canada pay taxes to support things like roads, schools, and healthcare. Taxes are also used to help people in need, such as low income families, students, seniors, or people with disabilities. Learn more about the Canadian Tax System.