Tax Tip – Working Income Tax Benefit

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The following is now available on the CRA Web site:

Did you know…

That low-income individuals and families can now claim the Working Income Tax Benefit (WITB)? The annual maximum amount for a single individual with no dependants is $500 and for families (including couples with or without children, and single parents) is $1,000 (amounts may vary for residents of British Columbia, Nunavut, and Quebec). In addition, starting in January 2008, eligible individuals and families can apply for the WITB advance payment.

To find out if you are eligible for the WITB, visit http://www.cra.gc.ca/witb or call 1-800-959-8281.
Related documents:

* Fact sheet: Working Income Tax Benefit

SOURCE: CRA Newsroom

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