Eligible Educator School Supply Tax Credit

There is a new refundable tax credit for 2016 and beyond: The Eligible Educator School Supply Tax Credit. If you are an eligible educator, you can now claim a 15% refundable tax credit on up to $1,000 of supply purchases per year.

Who is eligible?

You can only claim this tax credit if you are a teacher or early childhood educator employed at an elementary or secondary school or a regulated child care facility:

Family Trusts

Family Trusts  - What are they and how do they work?
A lot of individuals question the use and benefit of Family Trusts, but what are they? And how can they benefit you?

A Family Trust is generally an inter - vivos discretionary family trust and has the following attributes: