ARCHIVED - Information for Residents of the Northwest Territories

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Table of Contents

• What's new for 2002?
• Northwest Territories Child Benefit
• If you have questions…

Information for Residents of the Northwest Territories

All the information you need to calculate your Northwest Territories tax and credits is included on the following pages. You will find two copies of Form NT428, Northwest Territories Tax , and Form NT479, Northwest Territories Credits , in this book. Complete the forms that apply to you, and attach a copy to your return.

What's new for 2002?

The Northwest Territories now has its own territorial non-refundable tax credits. The rules for claiming them are the same as the rules for the federal non-refundable tax credits. However, the value and calculation of some Northwest Territories non-refundable tax credits are different from the corresponding federal credits.

The calculation for the cost of living tax credit has changed. The credit now includes a supplement for individuals (minimum $250) and for families (minimum $500).

Form NT428, Northwest Territories Tax , and the new Form NT479, Northwest Territories Credits , reflect these changes.

Northwest Territories Child Benefit

The Northwest Territories Child Benefit (NWTCB) is a non-taxable monthly payment made to qualifying families with children under age 18. The Territorial Workers' Supplement, part of the NWTCB, is an additional benefit paid to qualifying families with working income who have children under age 18. Benefits are combined with the Canada Child Tax Benefit (CCTB) into a single monthly payment.

Under the NWTCB, you may be entitled to get a basic benefit of $27.50 per month for each child. Families who have earned income of more than $3,750 may also get the Territorial Worker's Supplement of up to $22.91 per month for one child and up to $29.16 per month for two or more children. Families with net income above $20,921 may get part of the benefit.

There is no need to apply separately to get payments under these programs. We will use the information from the CCTB application to determine your eligibiliþy for the program.

File your tax return? You (and your spouse or common-law partner) should file your 2002 tax return(s) as soon as possible. The information you (and your spouse or common-law partner) give on your return(s) will determine how much you will get starting in July 2003.

This program is fully funded by the Northwest Territories. For more information, call 1-800-387-1193.

If you have questions…

If you have questions about the Northwest Territories cost of living, political contribution, or risk capital investment tax credits (shown on Form NT479), contact:

Treasury Division
Department of Finance
Government of the Northwest Territories
Box 1320
Yellowknife NT X1A 2L9

Call 1-867-920-3470 or
1-800-661-0820.

If you have questions about federal and Northwest Territories personal income tax, and all tax credits other than the three NWT tax credits listed above, contact:

Yellowknife Tax Services Office
Canada Customs and Revenue Agency
5020 - 48th Street, Suite 202
P.O. Box 220
Yellowknife NT X1A 2N2

Call 1-800-959-8281.
To request forms call 1-800-959-2221.

You will find other telephone numbers listed in the government section of your telephone book. Information is also available at www.ccra.gc.ca/tso on the Canada Customs and Revenue Agency's Web site.