BC Budget Tax Measures

To enahnce the size when you open the link, use your Ctrl and + key to increase the font so you can read it comfortably..

They've matched federal credits for children's fitness and arts...
(...it won't cost very much because it's a small credit with big optics)

and removed the limit for medical expenses on Line 331 (this was $10,000 limit, and it's been removed to match the federal medical tax credit for claims for dependent medical costs for over 18 (under 18 is included on Line 330)

What will cost is a BC Seniors' Home Reno tax credit, extending the BC Training tax credit to 2014,

and increases to BC Medical premiums of 4% will hurt employers pocket books, unless they stop paying those premiums and pass the cost directly to you.  Currently many employers pay this and you, the employee, pays the tax on the benefit.

What's enhanced is the Premium Assistance, so check if you qualify for premium assistance, even partially... here's the link:

http://www.health.gov.bc.ca/msp/infoben/premium.html

and why on earth would they be exempting jet fuel for international flights? Motivators?
Are the airlines in trouble? or are we hoping to keep costs down to encourage tourism?

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