If you’re putting off the tedious task of filing your taxes, the government wants you to take heart. There may be some cold, hard cash at the end of it all.
The Alberta Child Benefit can be worth up to $1,100 for low-income families with one child and up to $2,750 for families with four or more children. The government estimates 130,000 families are eligible for the benefit, but only 110,000 families received it last year.
That’s money that can be the difference between affording swimming lessons or dance classes, said Children’s Services Minister Danielle Larivee, who was joined by Finance Minister Joe Ceci at an indoor play area at the O’Leary Fitness and Leisure Centre on Thursday.
“The way to access that, and other benefits, is simply by filing your taxes. Filing your taxes doesn’t have to be a big, complicated process. There are many organizations around the province who will help you through that process for free,” said Larivee.
Filing a tax return is a chore perfectly designed for procrastination, with minimal penalties for lateness — especially for low-income families who are expecting a refund — and a high level of tediousness.
Joseph Ferrari, a professor of psychology and expert on procrastination, has argued that governments should combat tax procrastination by offering incentives to people who file their returns early.
Until that happens, Larivee and Ceci recommend going to the Canada Revenue Agency and using the Community Volunteer Income Tax Program, where people can get help on their returns for free.
Erin Mayou, whose four children were scrambling all over the jungle gym while the politicians were speaking, said the child benefit was vital for her, especially to afford school supplies and books.
“In January, like most parents I’m very broke after Christmas,” said Mayou. In March, the money allowed her to sign …read more
Source:: Edmonton Journal