CRA – New Tax Credit This Year – Climate Action Incentive

CRA – New Tax Credit This Year – Climate Action Incentive

If you are a resident of Saskatchewan, Manitoba, Ontario or New Brunswick, you may be eligible for the proposed Climate Action Incentive payment when you file your income tax and benefit return for 2018. A 10% supplement is available to residents of small and rural communities. The incentive will first reduce any balance owing for the year, then may create or increase any refund to which you may be entitled.

Talk to your accountant to find more.