Individuals who have a modest income and a simple tax situation can obtain free valuable help in the preparation and the filing of their income tax and benefit return through NB’s Get Your Benefits, a partnership with the Community Volunteer Income Tax Program of the Canada Revenue Agency. Depending on the personal situation, a person may be eligible to receive credits and benefits by simply filing an annual income tax and benefits return.
You might think that because you receive social assistance or are a low-income earner there is no need to file your income tax return.
People with a modest income have a vested interest in filing income tax. Many programs and benefits from the governments of New Brunswick and Canada could help qualifying individuals and families improve their financial status. This includes programs such as
- A single person could receive up to $1,335 and up to $2,335 for families for the Canada Workers Benefit.
- You could qualify for the GST/HST Credit and the New Brunswick Harmonized Sales Tax Credit. The full credit is provided to New Brunswickers with a family income of less than $35,000 per year.
- Adults and children with a disability could be eligible for a non-refundable tax credit which reduces the amount of income tax they may have to pay.
- Parents could receivce up to $6765 annually by applying for the Canada Child Benefit* and the NB Child Tax Benefit.
- Parents with school aged children could receive the School Supplement (See section 3.9.12) benefit of $100 per child.
- Your child could qualify for the Healthy Smiles, Clear Vision plan, New Brunswick’s dental and vision program for children of low-income families.
- Your child could qualify for the Canada Learning Bond, a federal program that offers up to $2,000 for education after high school for children of low-income families.
- To find other benefits you may be eligible for, visit NB Personal Income Tax.
- Before the year they turn 60, adults and children with a disability who have qualified for the Disability Tax Credit can open a Registered Disability Savings Plan and could receive up to $3,500 in Canada Disability Savings Grants and $1,000 in Canada Disability Savings Bonds from the Government of Canada annually.
