We haven't seen the latest figures for working families tax credit take-up. |
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Note also that the loss of the tax credit is only applicable to dividends paid on shares. |
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Families will be eligible for the childcare tax credit where a lone parent, or both partners in a couple, work for at least 16 hours a week. |
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An individual can claim a standard rate tax credit in respect of home loan interest he has paid in the tax year. |
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Varney said the fraud against the tax credit systems was enabled by illicit access to government payroll records. |
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States, including California, have been deriving significant revenues from the federal estate tax credit for state death taxes. |
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It is the children's tax credit that is the front line of our attack on poverty. |
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Parents will be able to claim towards any out-of-hours childcare costs through the working families tax credit. |
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The energy bill also includes a new tax credit for buyers of hybrid cars, which combine an electric motor with an internal-combustion engine. |
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Richard Ford is livid after hanging on the telephone for hours trying to sort out his family's child tax credit. |
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My tax credit adviser helpfully reminds me not to forget to include my personal financial details to ensure prompt payment. |
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The postman will shortly be delivering a stack of tax credit forms to the population of Britain. |
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Restoring the dividend tax credit would be a better use of public money than much of the government's wasteful spending. |
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Altogether, 1.9 billion was sent out in tax credit overpayments, of which about 600 million was caused by computer or clerical errors. |
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Take your pick among child benefit, children's tax credit, working families tax credit and childcare tax credits. |
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At present the tax credit is available only for children who are cared for at a nursery or by a registered childminder. |
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Many people depend on the tax credit money to pay for their childcare, and supplement their incomes. |
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Since April 6 last, pay as you earn income tax has been deducted from employees under the new tax credit system. |
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Recipients of income support or income-based jobseeker's allowance will automatically receive the full amount of child tax credit. |
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Proper documentation also ensures both income tax deductibility and goods and services tax input tax credit eligibility. |
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With no tax credit payments, she says she is making do with child benefit to get by. |
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In the case of a refundable tax credit, if the credit exceeds tax payable, the eligible corporation obtains a refund. |
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In contrast to the medical expense tax credit, there is no designated list of allowable expenses. |
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Through this tax credit, we are helping children get into the habit of regular physical activity. |
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The exact amount of your tax credit varies by province of residence and by taxable income. |
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If people have a chance to reduce their oil heating costs by replacing their windows and get a tax credit to boot, they will do home renovations. |
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Many tax filers who claim the disability tax credit for themselves do not need the full credit to reduce their federal tax to zero. |
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These include the earned income tax credit and the refundable child credit. |
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It may, however, instead of applying this tax credit mechanism, grant a refund of the withholding tax. |
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These include food stamps, child care, health and addiction services and the earned income tax credit. |
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Aerobic activity must be an essential component of the definition of the tax credit. |
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This tax credit cannot be refunded, but it may on the other hand be carried over for an unlimited time. |
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One billion dollar for Canadian mills that burn black liquor byproduct, to counter similar U. S. tax credit. |
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Make expenses relating to the costs of adapting a new home to the needs of a disabled person eligible under the medical expense tax credit. |
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In that vein, I would like to ask him a question about something that does apply to the bill, which is the home renovation tax credit. |
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They currently rely on tax credit systems that at best are a band-aid solution and at worst an unsustainable trap. |
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But many individuals with disabilities have little or no taxable income, making this non-refundable tax credit of little value to them. |
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The nonrefundable character of the ITCE conforms to the normal investment tax credit rules. |
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We have heard within the last week or so that the regulations around the disability tax credit are tightening up even more stringently. |
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Demand has merely been brought forward with the cash for clunkers and housing tax credit policies. |
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So in accordance with our tax treaty with the U. S., we will continue to allow a foreign tax credit for FICA taxes. |
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New Brunswick's new nonrefundable child tax credit would be phased in over four years. |
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In addition, the U. S. federal government offers companies a production tax credit for wind power equal to about 1.9 cents per watt-hour. |
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The temporary tax credit for home renovation will stimulate housing construction and will keep our trades gainfully employed. |
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Employers may be eligible to claim the co-op education and apprenticeship tax credit. |
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It enables eligible corporations to obtain a refundable tax credit based on the payroll of qualifying jobs. |
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By reducing the tax taken out of women's pay when they return to work or when they increase their hours, the tax credit can dramatically increase take-home pay. |
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In addition, millions of married couples would not receive the new tax credit, either because they failed the means-test, or they had no school-age children. |
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The current disability tax credit does assist some disabled Canadians who work, but it's misnamed. |
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Irish companies will get tax credit against their Irish tax liabilities to subsidise subcontracts from overseas, making them more competitive in tendering for the business. |
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This tax credit may not, however, exceed the amount of French corporate income tax relating to these dividends. |
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I certainly agree that gimmicky things like the textbook tax credit should be replaced with core grants to students. |
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It now appears that the tax credit program is safe for the present. |
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I will give only one, otherwise I will run out of time, but this particular one calls for a refundable tax credit for research and development. |
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The fact is no ways and means motion has to be passed by this House in order to implement a tax credit. |
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An increase in the age credit does not help people who do not have any income to apply that non-refundable tax credit against. |
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To determine your total non-refundable credits, add up the credits you're eligible for and apply the tax credit multiplier. |
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Such would be the case, for example, with tax incentives in the form of a tax credit. |
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Surely there must be government studies that could help get a clear understanding of the impact of such a tax credit. |
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An investment tax credit would be defined as a tax credit that relates directly to the acquisition of depreciable assets. |
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Integrate easily with certified solution partners for background checks, assessments, tax credit screening, and more. |
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Unlike a tax cut, a tax credit is refundable if the taxpayer exceeds the tax due. |
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Furthermore, the tax credit is calculated as a percentage of the amount of the investment, which is standard practice for investment aid. |
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Clarified foreign tax credit rules and rules regarding the deductibility of foreign exploration and development expenses. |
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So far there has been no movement from the United States side and the tax credit remains in force. |
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That is the way in which the combined effect of our income tax and our tax credit work. |
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The research tax credit is a very effective mechanism for fostering innovation in France. |
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With respect to the home renovation tax credit, we all know that what the government is putting forward is merely smoke and mirrors. |
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Mr. Speaker, as we have said many times, the home renovation tax credit program is extremely popular, but it is not a new idea. |
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This certification allows french companies that entrust us with their research and development operations to benefit from a tax credit. |
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Out of the 106,000, 58,000 were brushed off the disability tax credit rolls because they did not respond or they were denied. |
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Enter the footnoted amount on line 433 of Form T2209, Federal Foreign Tax Credits, and use it to calculate your foreign tax credit. |
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Replaced the film tax shelter mechanism for certified Canadian films with a tax credit. |
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The tax credit and tax shelter are available to companies which are taxable in Italy and the tax credit is available against all types of taxes. |
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Individuals who have purchased or manufactured green energy equipment may be entitled to a tax credit. |
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The green energy equipment tax credit has been expanded to include equipment that produces solar energy. |
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It is an odd set of circumstances to find the Liberals arguing against a populist initiative like the home renovation tax credit. |
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Almost anything could be done with the tax credit, like putting in a hot tub on a new deck. |
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This means that no tax credit will be available and the relevant tax rates will be those applying to interest. |
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The National Insurance rates and limits for 2005-6 were confirmed by the chancellor in the pre-budget report, as were tax credit rates, thresholds and limits. |
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In no way should we attack the disabled and the small pittance of a tax credit which they receive. |
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Integration-Connect to HRMS, background screening, tax credit, or assessment processes with delivered APIs or Web Services. |
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Ms. Mary Sexton: The tax credit was set up to actually be there for the producer to build infrastructure. |
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We raise our tax credits so that we can increase the production values of films, and then the federal tax credit grinds down. |
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Neither Angelina nor her partner is entitled to the disability tax credit for the year. |
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You generally cannot claim a foreign tax credit for taxes you paid to a foreign country on income you earned in Canada. |
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The tax credit was intended to allow capitalization of companies and springboard their growth. |
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It is just a real unfortunate thing that the Liberal Party has failed to support the home renovation tax credit by voting against it. |
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Galen and his spouse are eligible individuals for the 2007 taxation year and both of them are entitled to claim the disability tax credit. |
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When people make a charitable donation, they claim that donation and get the appropriate tax credit on their income tax return. |
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Through this tax credit, the Federal Government is helping to encourage children to get into the habit of daily physical activity. |
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The party of the Bedroom Tax and tax credit cuts is creating an unfairer Britain. |
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Fixed interest deposits which have an ISA label receive a 20 per cent tax credit on the interest they accrue. |
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I have heard only one or two speakers all day talk about the first-time home buyers' tax credit and more so the home renovation tax credit program. |
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The Expert Panel recommends that all Provincial governments be encouraged to follow the lead of the provinces of Manitoba and Nova Scotia and match this tax credit. |
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Accordingly, the foreign tax credit mechanism would only be efficient to reduce the total tax burden if a significant capital gain were accumulated on the U. S. residence at the time of death. |
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Finally, snowbirds who remain factual residents of Canada remain eligible for the goods and services tax credit, which may be paid to recipients outside of Canada. |
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The Liberal Party is fully in support of the home renovation tax credit and Canadians will not be fooled by attempts to divide them to think otherwise. |
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With a great deal of pomp and circumstance last spring, the government announced the home renovation tax credit and the first time homebuyers tax credit. |
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Wind power in America, for example, inflates and deflates on a two-year cycle, as a particular tax credit is renewed and then lapses again. Society should rejoice that greenery is in vogue. |
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It is appropriate that we should decide the breadth and depth of the disability tax credit rather than the courts making decisions that are not the same as a policy that we would adopt in Parliament. |
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For children under 18 years of age at the beginning of the year who qualify for the disability tax credit, the federal amount will be based on a higher maximum. |
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One cannot get a tax credit if one does not pay taxes. |
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Democrats are also proposing to increase the family tax credit and establish new credits to facilitate access to higher education and health care. |
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As such, under a corporate structure, the dividend tax credit mechanism can be expected to mitigate, in large part, the after-tax effect of a lower dividend for those investors. |
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The textbook tax credit will be in addition to the education tax credit. |
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Two working parents receive tax credit benefits, however. |
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The first is allowing the ex-husband to claim a tax credit for his maintenance payments and the second is taxing the ex-wife for the amount she receives. |
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This income may entitle to attribution of tax credit or tax deduction. |
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The organizations responsible for persons with disabilities, and the disabled themselves, want to be involved right from square one, with the objective of allowing more disabled people to be eligible for this tax credit. |
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If you use public transit and have bought certain transit passes or electronic payment cards, you may be able to claim this nonrefundable tax credit. |
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Performance of our Other investments portfolio and our source of supply of new capital are optimized by an attractive income tax credit that the government of Québec grants our shareholders. |
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If a child rides on, or in, a motorized vehicle as an essential part of an activity, that activity does not qualify as a physical activity for the children's fitness tax credit. |
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If you wish to receive a tax credit on your donation, please postdate your cheque to January 1, 2011 or later, and we will issue a tax credit before the end of the year. |
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I would suggest that the term we should be using in relation to the policy the government is implementing on the disability tax credit is snafu, and I will not bother to interpret it. |
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In this regard, the federal investment tax credit will not constitute government assistance in the determination of the amount of an investment eligible for the investment tax credit. |
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File a Notice of Objection with the Appeals Section of your regional tax office within 90 days of the date of the Notice of Assessment from the Canada Revenue Agency disallowing the tax credit. |
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In addition to Colorado's tax credit vote, other referenda of interest around the country Nov. |
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From a tax policy perspective, an attractive feature of the tax credit is that, unlike a deduction, its calculation is made separately from the derivation of a taxpayer's taxable income. |
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It is also important to note that share redemptions have a number of consequences for shareholders, most notably their ineligibility for the tax credit on subsequent share purchases. |
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However, the home renovation tax credit, which is much vaunted and touted by the government and much advertised, is only planned to be a one year effort. |
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When people make a donation, there is a tax credit. |
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If this bill does not pass, people will be left high and dry, having budgeted for the home renovation tax credit, having budgeted to make those renovations. |
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I have heard different criticisms about the program, as far as there being a refundable tax credit option and the fact that it is not user friendly for people with lower incomes. |
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A harmonized base in a tax credit system makes things a little cheaper for the consumer, notwithstanding that there may be a few other items added in when one harmonizes the basis on which a harmonized tax is applied. |
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When we look at them and see in our heart of hearts that people need an entirely different kind of help and not a disability tax credit kind of help, we should try to be honest with them. |
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Putting people to work is something this tax credit has done in spades. |
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This trend will be favourable for our business in that country in the future, but it obliges us to record with immediate effect a onetime charge for the reduction of the tax credit relating to recoverable tax losses. |
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For hundreds of bureaucrats and tax credit funded environmentalists fighting the possibility of implementing such a grand government scheme must make them just salivate. |
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Although Mrs. Plantenga knew the Ecological Gifts Program would provide her with tax benefits, she was agreeably surprised at the tax credit she got. |
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Student loan interest became subject to a tax credit as well. |
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Consequently, tuition fees paid for part-time courses, such as night school courses, can qualify for the tuition tax credit under these provisions. |
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Does the member not think that the home renovation tax credit would have been better directed toward greener housing and energy retrofits because that is the direction we need to go in? |
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We have no faith that there is any truism in the numbers coming forward, certainly in the action on this home renovation tax credit, it just underlines our concern. |
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If you shared accommodation with one or more individuals, only one of you can claim an education property tax credit for that residence for the time you were sharing. |
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Note that the basic amount representing dependent children, the tax reduction for families and the tax credit for child care expenses, are now paid to eligible recipients as child assistance payments on a quarterly basis. |
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No tax credit is allowable for a fetus or a stillborn child. |
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Making this election will irrevocably withdraw the right to such other tax credit that the corporation could have claimed for such taxation year and subsequent taxation years. |
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It is disingenuous for the government to tell Canadians that this tax credit is at risk while at the same time running hundreds of ads promoting the use of the program. |
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Provinces not to be outdone got into the tax credit act, too. |
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One component in assuring long term affordability in privately developed rental projects that has worked successfully in the U. S. is the low income housing tax credit, which provides equity for affordable housing investment. |
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What is worse, the government believes everything can be cured by a tax credit, but not one penny will get to students by the time tuition is due. |
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Copy of Québec income tax return and notice of assessment or other document delivered by ministère du Revenu du Québec indicating value of tax credit granted to shareholder for the year in which shares were acquired. |
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Information is also provided on procedures that apply when a worker is transferred to another employer, filing a T1 income tax return for a worker and qualifying a worker for the Goods and Services tax credit. |
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We need the government to do that, to withdraw its meanspirited disability tax credit changes and to stop ditching its responsibilities for the most vulnerable in our society. |
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Although the federal government made no change to the statutory tax-credit rate, it did raise the ceiling on the labour share that was eligible for the tax credit. |
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One specific proposal, supported by many manufacturing industries, is a fully-refundable employers' training tax credit, creditable against contributions for Employment Insurance premiums. |
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This tax credit was intended to retarget government assistance available to Canadian film productions in order to maximize the benefit to such productions. |
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Under the medical expense tax credit, people with disabilities are also able to claim expenses related to education and employment, such as tutoring, notetaking services and talking textbooks. |
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There is an expansion of the list of eligible expenses under the medical expense tax credit, including service dogs and training to help individuals cope with disabilities or disorders such as autism. |
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The bill before us today already allows for a dividend tax credit claimable by Canadian resident individuals and respective trust distributions that are subject to the SIFT tax. |
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However, in the Canada-U. S tax convention, Canada has specifically agreed to give a foreign tax credit for payments under the Federal Insurance Contributions Act, more commonly known as FICA taxes. |
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I would like the hon. member to tell me, if this temporary renovation tax credit were expanded, should the mom and pop businesses across Canada be included so these businesses could be renovated to be more energy efficient? |
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Textbook costs should equally be a deferrable tax credit. |
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Mr. Dean Del Mastro: Mr. Speaker, my colleague corrects me that it is hundreds of thousands of Canadians who have taken advantage of the home renovation tax credit. |
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Allow me to share one such case with the House, involving the parents of a child with a trisomy disorder who received a letter to re-evaluate their child to see if the eligibility for the disability tax credit still applied. |
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Now as reported by Alberta Report magazine, Revenue Canada has decided to retroactively disallow the overseas tax credit to those Canadian workers employed by U. S. parented companies. |
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We have just heard from my colleague about how some of the poorest of the poor are being shafted by the government in terms of the disability tax credit. |
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The tax credit will provide people with the means to offset their actual incidentals so that they can be more involved in society, involved in employment and in social activities and all kinds of different things. |
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An individual who claims the new solidarity tax credit must agree to have the payments made by direct deposit into an account held by the individual in a financial institution located in Québec. |
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And during the first ten years, according to the CBO's analysis, the number of people enjoying health-care coverage should increase, thanks to the refundable health-care tax credit. |
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Now there is a refundable component to the medical expense tax credit. |
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Subsequent to the exclusion of this activity by the 2003-2004 Budget Speech, the corporation may claim this refundable tax credit for Aluminum Valley only for calendar years 2000 to 2003 inclusively. |
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For each taxation year for which the corporation intends to claim the tax credit, it must enclose a copy of its latest financial statements and an organization chart of its employees along with its certificate applications. |
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New section 175.1 also addresses the situation where the warranty holder is a registrant that has claimed an input tax credit or a rebate and is subsequently reimbursed on account of tax by the warrantor. |
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As described above, receipt of a benefit frequently disqualifies a student from being entitled to an education tax credit in connection with a program. |
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David Davis, a former Tory leadership contender, said tax credit cuts could be as damaging as the poll tax was to Thatcher's party. |
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Such a gift is called a gift in kind and is for tax purposes normally valued at its fair market value at the time it is made, in order to determine the tax credit generated by your gift. |
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All these stakeholders expressed their support for this concrete and effective incentive, which consist in giving a tax credit to young graduates who settle in a designated region to work there. |
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The Calgary Herald also received a Citation of Merit for its investigation of firms and people benefitting from the federal government's scientific research tax credit program. |
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Therefore, the results provide no basis to reject the null hypothesis that the increase in tax credit assistance had no effect on private financing for film and television production. |
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A further disadvantage with tax credit policy in the arts is that it is a blunt instrument, funding projects independent of the quality or market viability of the works that are supported. |
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The disability tax credit, however, is very much a blunt instrument. |
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People need money to live in dignity, whether for a prosthesis, a wheelchair, a bath, or even a special toilet seat, and all these things should be part of the refundable tax credit. |
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Fifty thousand seniors missed out on old age security and other supports in 2004, and close to one million Canadians who are eligible for the disability tax credit simply do not know about it. |
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Many people in my riding have availed themselves of this tax credit. |
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Of all the claims, correspondences, and people who come into my office, the disability tax credit issue takes precedence over everything else: immigration, farm aid, and everything that has ever come to my office. |
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See the detailed fact sheet on the new system for this tax credit. |
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However, if the corporation elects to claim the investment tax credit from Revenu Québec, the year preceding the one in which it makes that election will become the base calendar year. |
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Receive a fully refundable corporate income tax credit for labour amounts paid to Nova Scotia residents working on the production of your film or television show. |
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We have invested in skills and education by providing a tax credit to employers who hire apprentices and through grants to first and second year apprentices. |
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Buyers were rushing to meet a deadline for a tax credit. |
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Donations to the Foundation generally qualify for an individual income tax credit or corporate tax deduction in the tax year in which the donation was made as a charitable donation made to a registered charity. |
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For residents who have to pay individual income tax or company tax, the amount of the withholding tax paid can be used as a non-refundable tax credit. |
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That is because the same considerations do not seem to apply or to be considered for the film and video services tax credit used by many foreign productions that are filmed in Canada. |
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The credit, known as the earned income tax credit, is a reward for work. |
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He also championed the earned income tax credit for the working poor. |
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The News Release states that Alberta will increase its dividend tax credit in order to follow suit with the federal proposals on eligible dividends. |
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An informal caregiver can claim the tax credit for a relative age 18 or over with whom he or she lives, if such relative cannot be left alone and suffers from a severe and prolonged mental or physical impairment. |
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Industry officials signaled that the benefits that could be derived from applying for a tax credit are offset by the time and resources needed to fill out forms and meet criteria. |
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We need the government to extend the current Canadian film or video production tax credit to linear original web series so that online distribution on a Canadian-owned site also acts as a trigger for the tax credit. |
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To qualify for the disability tax credit, claimants must have a severe and prolonged disability that markedly restricts their ability to perform one or more activities of daily living all or almost all of the time. |
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In addition, this tax credit may be recovered by Revenu Québec at any time by means of a special tax if, for example, Investissement Québec revokes an initial eligibility certificate. |
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Let us not kid ourselves, voting against this tax credit now, after our constituents have spent their money in good faith, would be victimizing them yet again during the worst recession since the Great Depression. |
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At the same time, millions of families are benefiting from the Child tax credit, the Working tax credit, and record rises in Child benefit. |
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The tax credit is refundable, which means it even helps families too poor to pay taxes. |
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Kronos also assists in streamlining tax credit capture, and minimizing the payment of non-qualifying unemployment claims, among other benefits. |
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The Internal Revenue Service has certified that the vehicles qualify for the Advanced Lean Burn Technology Motor Vehicle income tax credit. |
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The system EDS put in place to support the Tax Credit system was widely regarded as a complete and utter shambles. |
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The child's income is not taken into account for the purposes of the Tax Credit. |
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Unfortunately, confusion about the Earned Income Tax Credit has created opportunities for chicanery. |
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Fundraisers are hoping a grant from the Landfill Tax Credit will be the answer to their prayers. |
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Lower-income workers have also benefited from the Earned Income Tax Credit, which boosts their take-home pay. |
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I applied for Child Tax Credit months ago via the Internet route. |
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But the Federal Renewable Electricity Production Tax Credit is in danger of sunsetting at the end of this year. |
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It follows the abolishment of the Working Families' Tax Credit, Disabled Person's Tax Credit and Children's Tax Credit, which is being replaced by two new tax systems. |
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Section 936, the Possessions Tax Credit, provides tax breaks to American corporations who relocate to Puerto Rico and Guam. |
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