True Patriot Love - April 27, 2026


Don't Leave Money on the Tableļ¼š File Your Tax Return! #shorts


Episode Stats


Length

57 seconds

Words per minute

200.97

Word count

193

Sentence count

10


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

In this episode, we talk about the benefits of being a low income earner and the tax credits available to low income earners. We also talk about benefits available to seniors who receive Old Age Security in a lower bracket.

Transcript

Transcript generated with Whisper (turbo).
00:00:00.000 And I say that's not necessarily the best way to look at it, because you're leaving money on the table by not filing your tax return, even if you don't make a lot of money.
00:00:09.520 Things like, you know, if you had employment income, even if it's a part time job for students, there were source withholdings.
00:00:16.100 Well, because you maybe had a you're in a lower tax bracket or above the threshold where you even pay taxes, that's tax money coming back to you.
00:00:24.440 So why not claim it? And then a lot of credits are available only when you file a tax return.
00:00:30.880 So things like, again, low income earners, GST credit. You've been hearing a lot about this
00:00:35.460 grocery rebate the government's talking about. That's available to low income earners only if
00:00:40.140 they file their tax return. For seniors who receive old age security in a lower bracket,
00:00:45.800 there's a top up payment called the guaranteed income supplement. That's only available if you
00:00:50.940 file your tax return and CRA can assess that you are a low income earner to be entitled to that
00:00:55.500 credit. So, so I would say.