During your personal income tax preparations, please note:
If you resided on any Champagne and Aishihik First Nations Settlement Lands on December 31, 2018, you are obligated to file the Yukon First Nations Tax form that is attached to your income tax application. You can download the form at this website:
Income tax collection and sharing arrangements are signed between the Federal Government, the Government of Yukon and Champagne and Aishihik First Nations. These agreements allow the Federal and Yukon Governments to transfer part of these taxes to CAFN.
Each year, CAFN receives a percentage of taxes from Canada and YTG. This amount is based on all residents who filed personal income tax returns who stated they lived on Settlement Land on December 31, 2018. These taxes increase CAFN’s Own Source Revenue.
Chief and Council have discretion over the allocation of the funding received.
If you have low or no income, you may be eligible to receive a GST credit that is a tax-free quarterly payment that helps individuals and families with low or modest incomes to offset all or part of the GST that they pay. The Canada Revenue Agency will automatically determine your eligibility when you file your next income tax and benefit return.
You may also benefit from the Canada Child Tax Benefit which is a tax-free monthly payment made to eligible families to help them with the cost of raising children under age 18. To get your benefits, you have to file your return on time every year, even if you did not have income in the year.
More information on benefit and credit payments you might be eligible to receive, including information on how to apply, go to http://www.cra.gc.ca/benefits or call 1-800-387-1193.