Browsing Archive: June, 2012

Ontario Sales tax Transition Benefit

Posted by michelle mckillop on Friday, June 29, 2012, In : Approaching Tax Deadlines 

The deadline to apply for the third payment of the Ontario Sales Tax Transition Benefit is June 30, 2012.

 

You must file your 2010 tax return by June 30, 2012 to apply for the last payment!

The Ontario Sales Tax Transition Benefit was introduced as a temporary measure, providing $4 billion to help Ontarians adjust to the HST, which came into effect on July 1, 2010.

Eligible families (including single parents) receive up to $335 and eligible single people receive up to $100 from the third a...


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Canada Revenue Agency discontinues TELEFILE service

Posted by michelle mckillop on Thursday, June 28, 2012, In : CRA Bulletins 

Ottawa, Ontario, June 27, 2012... The Canada Revenue Agency (CRA) announced that it is discontinuing its TELEFILE service.

TELEFILE is a telephone-based service that allows individuals to file simple tax returns over the phone. Use of this service has declined, on average, by 10 per cent every year as taxpayers move to other channels, such as the CRA’s secure, convenient online services. In fact, between 2011 and 2012, use of the service declined by 12.3 per cent.

Only 1.2% of all tax returns...


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