I’ve written about this tax credit before, but it’s definitely worth talking about again.  The Nova Scotia Graduate Retention Rebate is worth from $7,500 to $15,000 in actual tax savings, over a 6 year span.

If you are a recent college or university graduate, and you are living in Nova Scotia, be sure to check this one out.

http://www.gov.ns.ca/finance/en/home/taxation/personalincometax/grr.aspx

Filed under: Personal Tax by David Boese 2 Comments »

2 responses to “Nova Scotia Graduate Retention Rebate”

  1. Andrea says:

    So there’s nothing for people who graduated earlier and want to stay in the province?

  2. David Boese says:

    For the years 2006, 2007, and 2008 graduates in Nova Scotia were able to claim the old Graduate Tax Credit. Info on that is available here:

    If you were eligible to claim this, but missed doing so, you may be able to adjust your appropriate tax return by writing to the Canada Revenue Agency. http://www.cra.gc.ca

    The old Graduate Tax Credit was replaced by the much more lucrative Graduate Retention Rebate, for the 2009 and following tax years.

Leave a Reply

Your email address will not be published. Required fields are marked *