ARCHIVED - Information for Residents of Nova Scotia
5003-PC
Table of Contents
All the information you need to calculate your Nova Scotia tax and credits is included on the following pages. You will find two copies of Form NS428, Nova Scotia Tax , and Form NS479, Nova Scotia Credits , in this book. Complete the forms that apply to you, and attach a copy to your return.
What's new for 2003?
The Equity Tax Credit has been extended to December 31, 2006. Also, the maximum annual amount that can be claimed for this credit has been increased to $15,000.
The caregiver amount has increased from $2,386 to $4,176.
The calculation of provincial additional tax for minimum tax purposes is now completed on Form NS428. Form T1219, Provincial and Territorial Alternative Minimum Tax, has been eliminated.
Form NS428, Nova Scotia Tax , and Form NS479, Nova Scotia Credits , reflect these changes.
Nova Scotia Child Benefit
The Nova Scotia Child Benefit (NSCB) is a non-taxable monthly payment to help low- and modest-income families with the cost of raising children under age 18. Benefits are combined with the Canada Child Tax Benefit (CCTB) into a single monthly payment.
Under the NSCB, you may be entitled to receive a benefit of $37.08 per month for the first child, $53.75 per month for the second child, and $60.00 per month for each additional child. Families with net income between $16,000 and $20,921 may receive part of the benefit.
You do not have to apply separately to receive payments under this program. We will use the information from your CCTB application to determine your eligibility for the program.
File your tax return - You (and your spouse or common-law partner) should file your 2003 tax return(s) as soon as possible. The information you give on your return(s) will determine how much you will receive, starting in July 2004.
This program is fully funded by the Province of Nova Scotia. For more information, call 1-800-387-1193.
If you have questions…
If you have questions about the Nova Scotia political contribution tax credit, contact:
Office of the Chief Electoral Officer
Government of Nova Scotia
P.O. Box 2246
Halifax NS B3J 3C8
If you have questions about other Nova Scotia tax
credits, contact:
Department of Finance
Government of Nova Scotia
P.O. Box 187
Halifax NS B3J 2N3
You may also visit www.gov.ns.ca/finance/taxpolicy/taxsystem/ on the Department of Finance Web site.
If you have questions about Nova Scotia tax, call the Canada Customs and Revenue Agency (CCRA) at 1-800-959-8281. To request forms, call 1-800-959-2221.
The address of your tax services office and other telephone numbers are listed in the government section of your telephone book. Information is also available at www.ccra.gc.ca/tso on CCRA's Web site.
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