关于加拿大学费抵税

lovenewage

请问各位，如果在加拿大多大学MBA，毕业后学费抵税大概是抵多少？16%还是35%。如果是35%的话，那9万加币实际才是付约6万，还是很经济的！

sophiemaa

我学过一些加拿大税法，可以抵扣的学费里好像没有这项。

还有就是那些税收优惠都是针对citizen的

online2w

我学过一些加拿大税法，可以抵扣的学费里好像没有这项。

还有就是那些税收优惠都是针对citizen的

-- by 会员 sophiemaa (2010/1/16 17:44:40)

sophiemaa, I am afraid that your understanding is not correct.

1) The tuition fee and other applicable expenses will qualify for Canadian tax credit as long as both the school and the courses meet the criteria - MBA program (not those online degrees) will certainly qualify

2) The tuition tax credit does apply to everyone in Canada (citizen, permanent resident, student, working visa holder, etc.)

In addition:

3) The rate will be the lowest federal tax bracket rate - for tax year 2009, it is 15%.

4) the credit is non-refundable, meaning that it can only be used to offset your tax payable.

5) unused amount in certain year will be carried forward to future years.

6) depends on which province you live in, there may be additional tax credit.

Personal tax filling software in Canada only costs $20 CAD, and it will save you the headache to study and remember the details

BTW, here is the actual guideline for tuition credit (set by Canadian Revenue Agency)
http://www.cra-arc.gc.ca/E/pub/tp/it516r2/it516r2-e.html

maxdaddy

我学过一些加拿大税法，可以抵扣的学费里好像没有这项。

还有就是那些税收优惠都是针对citizen的

-- by 会员 sophiemaa (2010/1/16 17:44:40)

sophiemaa, I am afraid that your understanding is not correct.

1) The tuition fee and other applicable expenses will qualify for Canadian tax credit as long as both the school and the courses meet the criteria - MBA program (not those online degrees) will certainly qualify

2) The tuition tax credit does apply to everyone in Canada (citizen, permanent resident, student, working visa holder, etc.)

In addition:

3) The rate will be the lowest federal tax bracket rate - for tax year 2009, it is 15%.

4) the credit is non-refundable, meaning that it can only be used to offset your tax payable.

5) unused amount in certain year will be carried forward to future years.

6) depends on which province you live in, there may be additional tax credit.

Personal tax filling software in Canada only costs $20 CAD, and it will save you the headache to study and remember the details

BTW, here is the actual guideline for tuition credit (set by Canadian Revenue Agency)
http://www.cra-arc.gc.ca/E/pub/tp/it516r2/it516r2-e.html

-- by 会员 online2w (2010/1/16 21:38:28)

Exactly!

Put it short,
if you paid for tuition in Ontario, and you work in Ontario after graduation. you receive tax credits from both the Ontario and the Federal governments. If you work in Quebec, you can only  receive the Federal credit, but your Ontario credit can be saved for five years, which means within five years of graduation, if you relocate to Ontario, you can still enjoy the tax break.
for example, if you paid 70k for Ontario tuition and your Ontario income for the first year is 70k. you will get refunded for most of the taxes (Ontario and Federal) you paid on your 70k income, which could be 20-30k. (I am not sure about the exact %.)


An it's for anybody, regardless of citizenship.

ChrisX

如果你留在多伦多工作的话是21%, 好像是tax credit.

yi11

学费的15%作为tax credit，报税的时候可以抵税。比如说你学费10000，tax credit就是1500，如果你今年应该缴5000的税，那么抵掉1500就是缴3500。但是如果你收入低不用交税这1500不能退回来。

lovenewage

多谢啊！