Not exact matches
NDP commitments include a two point cut in the small business
tax rate (already implemented
by the Conservatives); extension of the accelerated capital cost allowance for two years (already implemented
by the Conservatives (but with a different phase in); an innovation
tax credit for machinery used in research and development; an
additional one cent of gas
tax for the provinces for infrastructure; a transit infrastructure fund; increased funding for social housing; a major
child care initiative; and, increasing ODA funding to 0.7 per cent of Gross National Income (GNI).
NDP promises include a two point cut in the small business
tax rate (already implemented in the budget
by the Conservatives); extension of the accelerated capital cost allowance for two years (also already implemented
by the Conservatives); an innovation
tax credit for machinery used in research and development; an
additional one cent of gas
tax for the provinces for infrastructure; a transit infrastructure fund; increased funding for social housing; a major
child care initiative; increasing ODA funding to 0.7 per cent of Gross National Income (GNI); and restoring the 6 % annual escalator to the Canada Health Transfer.
Specific policies include a Canada Employment
Credit and
Tax Fairness Plan to reduce taxes for working families and seniors; tax credits for public transit, kid's sports, textbooks, tools, and apprentices; increased support to the provinces and territories to create new child care spaces; increasing the Senior Age Credit amount by an additional $ 1,000; and allowing income splitting for caregivers of family members with disabiliti
Tax Fairness Plan to reduce
taxes for working families and seniors;
tax credits for public transit, kid's sports, textbooks, tools, and apprentices; increased support to the provinces and territories to create new child care spaces; increasing the Senior Age Credit amount by an additional $ 1,000; and allowing income splitting for caregivers of family members with disabiliti
tax credits for public transit, kid's sports, textbooks, tools, and apprentices; increased support to the provinces and territories to create new
child care spaces; increasing the Senior Age
Credit amount
by an
additional $ 1,000; and allowing income splitting for caregivers of family members with disabilities.
To hit interim targets of halving
child poverty by 2010 the Child Poverty Action Group (CPAG) estimates the government must spend an additional # 4 billion on tax credits and bene
child poverty
by 2010 the
Child Poverty Action Group (CPAG) estimates the government must spend an additional # 4 billion on tax credits and bene
Child Poverty Action Group (CPAG) estimates the government must spend an
additional # 4 billion on
tax credits and benefits.
That this House declines to give a Second Reading to the Welfare Benefits Up - rating Bill because it fails to address the reasons why the cost of benefits is exceeding the Government's plans; notes that the Resolution Foundation has calculated that 68 per cent of households affected
by these measures are in work and that figures from the Institute for Fiscal Studies show that all the measures announced in the Autumn Statement, including those in the Bill, will mean a single - earner family with
children on average will be # 534 worse off
by 2015; further notes that the Bill does not include anything to remedy the deficiencies in the Government's work programme or the slipped timetable for universal
credit; believes that a comprehensive plan to reduce the benefits bill must include measures to create economic growth and help the 129,400 adults over the age of 25 out of work for 24 months or more, but that the Bill does not do so; further believes that the Bill should introduce a compulsory jobs guarantee, which would give long - term unemployed adults a job they would have to take up or lose benefits, funded
by limiting
tax relief on pension contributions for people earning over # 150,000 to 20 per cent; and further believes that the proposals in the Bill are unfair when the
additional rate of income
tax is being reduced, which will result in those earning over a million pounds per year receiving an average
tax cut of over # 100,000 a year.
Starting in 2015 both the taxpayer and qualifying
child must have SSNs or ITINs
by the due date of the
tax return (including extensions) in order to claim the
child tax credit and
additional child tax credit.
However, the government did provide an
additional tax benefit for those who qualify
by increasing the
child tax credit (see below).
If your
taxes owed are reduced to $ 0 and you still have some
Child Tax Credit left over, you may be able to receive some or all of it as a tax refund by claiming the Additional Child Tax Cred
Tax Credit left over, you may be able to receive some or all of it as a
tax refund by claiming the Additional Child Tax Cred
tax refund
by claiming the
Additional Child Tax Cred
Tax Credit.