Monday, February 26, 2007

Incom tax return - 2006 edition

Wow! The provincial and federal government are very generous for me this year. Of course, there are a number of factors that happened this year, which makes the total go up. It has actually never been this high before for those reasons.

For example, last year I changed work to a completely different department. Still in government, but different department. They call that a lateral move. This has different side effects, although they claim there shouldn't be any, like some deductions you start paying from scratch again once you transfer over. You end up paying too much of these deductions, so that's not good during the year, but it come back to you at tax time, which is good at that time (of course, the government make interest on that money in the meantime, but that's a whole different subject). Also, I'm pretty sure I payed too much income taxes during the year, because when I transferred, my salary went down a bit because they had not signed a new contract yet, so of course my federal and provincial taxes should have went down. But instead, they went up o.O!! Whatever... And last but not least, and this applies for multiple previous years, since I have two handicapped children (they are autistic), that gives me a tax credit on the federal side (on the provincial side, it's a monthly allowance instead, so there's no effect on the tax return itself - and fortunately, that allowance in non-taxable). Nice, yes, although I see this as a compensation for all the times we had to fight to get the services our children are allowed to get, or all the time spent to go to appointments to school or doctors, or any type of extra effort or care that is required for our children. Actually, I would say it's a small compensation for all of this, but still much better than nothing.

So I'm going to file this tonight, and, thanks to the Internet revolution, I should be getting my reimboursement within a week or so. With this money, I will be paying for some (not all) debts, and also to give us some breathing space...

Maybe I will then, buy tickets to go see Mr Waters.... ;-P

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