TORONTO, March 26 /CNW/ -
- If you are expecting a tax refund, file a return. The money is yours
and the government does not pay interest.
- If you are planning to carry forward the unused portion of your
tuition or education amounts, you have to file a tax return.
- If you incurred a non-capital loss last year, file a return so you can
apply it in other years.
- If you borrowed money from your RRSP through the Home Buyer's Plan or
Lifelong Learning Plan and did not repay the entire amount, you need
to file a return to include the balance in income.
- In some provinces, you can only qualify for certain benefits or
credits if you have filed your return.
A local H&R Block tax professional can talk about reasons to file a tax
return by the deadline.
About H&R Block Canada
H&R Block Canada prepares nearly two million tax returns annually, making
it Canada's leading tax preparation firm. Headquartered in Calgary, Alberta,
the company serves Canadian taxpayers in more than 1,000 offices across the
country. H&R Block Canada Inc. is a subsidiary of H&R Block, Inc., a
diversified company with subsidiaries providing a wide range of financial
products and services. Additional information about H&R Block Canada is
available at 1-800-HRBLOCK or visit www.hrblock.ca for more tax tips.
For further information:
For further information: Tina Quelch, Calador Communications, (416)