Tax Credits and Benefits

Learn what the basic personal amount is and why it is one of the main non-refundable tax credits on a Canadian return.

Understand what the Canada Child Benefit is and why filing status and family income matter to it.

Understand the Canadian credits and benefit programs that affect tax owing or cash support.

Start with common CRA-administered Canadian benefit programs tied to family or household circumstances.

Learn what the GST/HST credit is and how this refundable Canadian benefit is tied to return information and income.

Understand what a non-refundable tax credit does on a Canadian return and how it differs from both deductions and refundable credits.

Understand the credit language that reduces tax payable on a Canadian personal return.

Learn what a refundable tax credit is in Canada and why it can still matter even when tax payable is low.