Terrace Bay Public Library Digital Collections

Terrace Bay News, 22 Jan 1975, p. 5

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2+ +1975 TERRACE BAY NEWS PAGE 5 INFORMATION ONTARIO ung, Northern Affairs Officer tario government is financing a pro- titled The Ontario Tax Credit System designed to improve the fairness of ncial and municipal tax systems by tax credits which are related to the 1's ability to pay taxes. Ss a selection of frequently asked pertaining to this programme. 1 taxable income and therefore I don't an income tax return. How can I re- Ontario Tax Credit? io Tax Credit can be claimed only by g and filing an income tax return r not you have a taxable income. 3. ears old, married, but have no other her than the pension. I pay rent on ent of $90.00 a month. Would I or the Ontario Tax Credit programme? y rent or property taxes you would be for the Property Tax Credit system. 3 ife and I work and have taxable in- an we each submit a claim for the Tax Credit? the spouse with the higher income. 4 ears old, have no taxable income but y rent or property taxes. Can I qualify for the Ontario Pensioner t of $II0.00 if you are 65 and were in Ontario on December 31, 1974. The potion is for a married couple both re 65 or over at the end of December J in the same principal residence; in > only the spouse with the highest ncome is entitled to claim. 5 ' 5 a mobile housing unit. Does this 5 a principal residence for the Ontar redit programme? residence means the housing unit ordinarily occupied or inhabited > taxation year. It includes a tem- sidence such as a hotel room which ied continuously by the individual r part of the year, and also includes ousing unit such as a trailer which 1s the principal residence. Question 6 I am a student attending university full time and living in residence. Can I claim a tax credit? Answer ; If you are a full time student living in a. residence (prescribed by regulations) of an Ontario university or college, a Property Tax Credit may be claimed, however, the occupancy cost is limited to $25.00. TERRACE BAY RECREATION DEPARTMENT WEEKLY REPORT CROSS-COUNTRY SKIING =~ UPHOLSTERY COURSES: Please refer to pages 8 and 9 for details on the special courses that are being co-spon- sored with Confederation College. Be sure to register as soon as possible for these courses as both courses are limited. For further in- formation, simply call 825-3542. TERRACE BAY ART CLUB: Regular sessions will be open to all who wish to come out on Thursdays of each week - afternoons I:00 - 4:00 p.m., evenings 7:00 =- I0:00 p.m. Come and share the fun and knowl- edge of the art of painting and drawing. All are anxious to help each other and take part in this creative experience. Think positive ... act now! - It can be most rewarding. 'continued PAGE*6 .iueaeees Ais ale ) | =| The Terrace Bay Cancer Society is planning to hold a "USED BOOK" sale in the Spring and is anxious to obtain used books - hard cover + or pocket variety. If you have .any books to contribute please drop them off or phone one of the following: MRS. GEORGINA HEENAN - 45 Pine Cresc. 3660 MRS. MARG BRAY -492 Lakeview Dr. 3376 MRS. MARY HALE -421 Elizabeth 3678 MRS. IRENE STEEN -271 Kenogami 3561

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