Skip to content
24/7NewsPaper
Back to feed
Global Newsglobalnews.ca

Automatic tax filing could send roughly $2K to some, but cost millions: PBO (opens original article in a new tab)

TL;DR

Automatic tax filing for low-income Canadians may provide $2,000 in benefits but cost $429 million over five years according to a PBO report.

  • Automatic tax filing for low-income Canadians could provide $2,000 average benefit per person
  • Program will cost $429 million over five years including administrative costs and benefit payments
  • CRA expects 3,000 automatic filings in first year increasing to 50,000 by 2027

Conversation

No comments yet

Threaded discussion is coming next — this is where the community conversation about this story will live.