View Single Post
Old 05-03-2006, 08:29 AM   #19
FlamesAddiction
Franchise Player
 
FlamesAddiction's Avatar
 
Join Date: Oct 2001
Location: Vancouver
Exp:
Default

Quote:
Originally Posted by browna
From CBC.ca

At the same time, the government is introducing a new Canada employment benefit that will offer working people a $250 tax credit for 2006 to cover work-related expenses, such as home computers, uniforms and supplies. The credit rises to $1,000 for the 2007 tax year.
They don't get that money in their pocket.

In actuality, they only get 15.5% (might vary depending on your tax bracket) of that back on taxes already paid. That is the way all tax credits work, and most people will not be eligible for the majority of the "new" credits anyway.

Last edited by FlamesAddiction; 05-03-2006 at 08:48 AM.
FlamesAddiction is offline   Reply With Quote