working income
Loopholes Tagged "working income"
Plain-English guides to Canadian legal rights and workarounds related to working income.
Canada Workers Benefit β Refundable Tax Credit Up to $2,616 for Low-Income Workers
The Canada Workers Benefit is a refundable tax credit worth up to $1,428 for individuals and $2,461 for families β and you can receive up to 50% of it as quarterly advance payments throughout the year instead of waiting for your tax refund.
Refundable Medical Expense Supplement β Turn Medical Costs Into a Cash Credit if You Still Work
If you have modest income from work or self-employment and significant medical expenses, the refundable medical expense supplement can produce an actual cash credit on top of the regular medical expense claim.