Many things have been said since Michel Girard from the Journal disclosed the tightening of the eligibility requirements for the age amount in Quebec, which could be up to $497.
There was such an uproar and its denunciation sparked a debate across Quebec and forced the government to renounce abolishing the tax credit. However, the Couillard government reiterated the fact that it had increased the tax credit for experienced workers so that seniors aged 64 and up who decided to remain in the labour force would not be penalized.
This is the perfect opportunity to present the new rules increasing the tax credit for experienced workers. This will help you determine whether or not it will benefit you.
Read the rest of the article available online penned by Raymond Chabot Grant Thornton Tax Partner, Sylvain Moreau and published in the Journal de Montréal and the Journal de Québec, on February 23, 2017. Sylvain is also a columnist in the Argent – Dans vos poches section of Québecor’s most popular newspapers.
27 Feb 2017 | Written by :