Not filing tax return? You could be losing out on money - Action News
Home WebMail Saturday, November 23, 2024, 01:00 PM | Calgary | -12.1°C | Regions Advertise Login | Our platform is in maintenance mode. Some URLs may not be available. |
PEI

Not filing tax return? You could be losing out on money

The provincial government is reminding Islanders to file their income tax returns or risk losing out on benefits.

Province estimates as many as 2,500 Islanders do not file income tax returns

People on low or moderate incomes who need help filling out their income tax forms can access free help through the Community Volunteer Income Tax Program.

The provincial government is reminding Islanders to file their income tax returns or risk losing out on benefits.

The new Canada Child Benefit, HST and provincial sales tax rebates are all triggered by income tax filings.

But the P.E.I. Department of Family and Human Services estimates as many as 2,500 Islanders do not file income tax and that could mean they're missing out on up to $11,500 in benefits.

"I think sometimes when people have a low income and they recognize that they're not likely to be receiving a rebate you may not necessarily feel a strong motivation to do so," said Jennifer Burgess, the province's manager of corporate support and seniors.

"And if you're not comfortable with numbers and figures you may not feel like it's your strength, and you may not feel it's something that you're capable of doing."

People on low or moderate incomes who need help filling out their income tax forms can access free help through the Community Volunteer Income Tax Program, Burgess said.

With files from Laura Chapin