Filing taxes brings major benefits to people on low incomes

22 February 2017
Author: Elizabeth Mulholland
As tax time approaches, many of us may feel like shrinking from the task of tax filing, especially with the prospect that we may end up owing, rather than pocketing, money at the end of the process.

For people in Canada living on low incomes however, tax time is an important opportunity to tap into a wide array of federal and provincial tax benefits that can give a real boost to their incomes. Tax filing can also help them qualify for other income-tested benefits delivered outside of the tax system.

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THE AUTHOR

Elizabeth Mulholland is Prosper Canada’s Chief Executive Officer.

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