If you worked up until Dec 2007 and not any in 2008 yet will you still receive the rebate check for 2008?
Answers: 2008 just started. Do you plan on not working at all this year? Then no. You wont get it next year. But you will this year.
The deal is made!
Do not count on the rebate check.
Supposedly, the rebate will be an extra refund against your 2007 taxes (worked from Jan1 to Dec 31 2007, filed taxes April 15, 2008)
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I want to know roughly Land Transfer Tax?
I had rewarded Land Transfer Tax while buying my first House. Now I am selling that and buying another. How come, Land transfer Tax not go and get refunded to me for house I am selling past its sell-by date, as I would be paying again this for my New HouseAnswers: Land Transfer tax is a transactional excise. You pay it every time you purchase a property.
Another example is pst and gst. I bought a modern car surrounded by 2005. When I sell it and buy a tentative car contained by 2010, I will still have to payment pst and gst on the new coup¨¦.
What province are you in? In BC, Land Transfer Tax isn't remunerated (up to a certain limit) on first home purchases, but (as Charles points out) is rewarded on every subsequent transaction.
If that's the case contained by your province, you might want to check that previous transaction, it's possible (don't really know) you could reclaim that tax remunerated.
LTT is annoying, and we would all approaching to see it reduced or eliminated, but unless you're flipping houses, it's not going to affect you that much .
Tax cut 600/person and 1200/couple, will i carry it?
under the unsullied economy stimulus box,individual with an income smaller amount than 75K or couple less than 150K will achieve $1200 back.
contained by my case, i engineer 110K and my husband is un-employed ($0), will i get this $1200 or not?
Answers: yes you will.
i asked my duty accoutant 2hrs ago.
300 per person on your return not to exceed 1200
so to receive the full amount you would need to hold claimed 4 .. you, your spouse and 2 dependents
Right now it is a proposal. It is $300 per personality with a $1200 per household restrict.
We all hold to wait to see what they finally settle on it will be.
Yes according to the new plan it will be $600 per single being making not more than 75,000 annually. It will be $1200 per couple not exceeding more than $150,000 annually with an optional $300 per child.
For those of us who make more than $75,000 per year a partial rebate will be given out for income up to $87,000 (individuals) and $174,000 (couples).