Wednesday, February 3, 2010

New Tax Credit for Public Transportation (BC Ferries)

A friend of mine just let me know about a new tax credit that the Federal Government has brought in for use of public transportation. The BC Ferries website has information about qualifying your ferry trips for a tax credit and it looks like you will need to have 16 round trips in a 31 day period, which will effect residents on Gabriola that commute to Nanaimo for work. These will need to be paid for using an electronic payment card. You will need to register your BC Ferries experience card online or by phoning the Customer Service Center (1 888 223 3779). Once a card is registered you will be able to obtain a travel history report, this can be printed and will show all the trips taken on the card. For more information about the federal income tax credit for public transit, visit the Canada Revenue Agency Website and talk with your accountant. You may also want to read the full article on the BC Ferry website.

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