
March 23, 2005
CRA Tax Tip: Tax Savings for Learning
The Canada Revenue Agency has released a new tax tip directed at students as well as workers who acquire or improve their work skills. Studens can claim the tuition fees paid to a university or college in Canada for courses takenat the post-secondary school level. Tuition fees paid for courses to acquire or improve skills in an occupation can also be deducted if Human Resources and Skills Development Canada (HRSDC) certified the institution.
For more information on this tax tip including more information on the federal non-refundable tax credits for education amounts, see the CRA web site at:
http://www.cra-arc.gc.ca/newsroom/taxtips/2005/0315-e.html
Posted by Taxes.ca Editorial Team [permalink]
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