Wednesday, March 13, 2019
CRA 2018 - Climate Action Incentive and Studio Tax
The incentive is supposed to be revenue neutral for the Federal government and compensates for the impending higher fuel charges. This is meant as an appeasement to those against a carbon tax, and the incentive has been offered in advance of that tax being applied. However so far, there has not been much publicity highlighting this incentive, and even less information about how you actually go about claiming it on your tax form. As an appeasement tactic for the Federal government, not touting this far and wide seems counterproductive?
StudioTax in order to enter our tax information and to NETFILE. Once we figured out which schedule to fill out, it was a simple matter of finding that form on StudioTax and filling out the few fields relevant to us.
More information can be found here: