Author Topic: The Canadian Federal Budget Thread  (Read 582 times)

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Offline msj

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Re: The Canadian Federal Budget Thread
« on: March 17, 2017, 02:53:06 pm »
The third thing I'm looking for - an elimination of so many useless tax credits for individuals.

Agreed. I hate boutique tax cuts.

Thought it was funny when the fitness tax credit came in. 

We would efile the client tax returns with the tiny claim ($75 or so of tax savings). 

Then we would get notified for a processing review and would have to fax in the receipts so someone making $70,000 per year could check them to ensure they comply with the 8 weeks/5 day camp rules etc....

Of course, I was expecting to have to do this so the client is already billed an extra $25-50 for preparing the tax return so in the end it was just a big circle jerk of government making Canada unproductive for their stupid political brownie points.


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