Benjamin Franklin, who helped draft the American Declaration of Independence on July 4, 1776, also had a knack for memorable sayings. “There is nothing certain but death and taxes” is likely the best known. But another notable favorite is “An investment in knowledge pays the best interest.” It serves as a gentle reminder that you can jump start your “back to school” activities right here at Knowledge Bureau. Check out our new courses and educational calendar all leading down the pathway to Specialized Credentials and Continuing Education Credits. You can register now, start today and study from anywhere with convenience online training options, plus earn close to $800 of bonus savings when you register in a designation program:
Check out the 2023-2024 Educational Calendar!
Remember, graduates of our designation programs qualify for generous affinity program tuition savings too. In addition, Knowledge Bureau programs qualify for the tuition fee credit and the Canada Training Credit. Here’s a sample of the net after tax costs:
Example: Tax benefits received for this program
Tuition Fees = $3990 plus GST (5%) = $4189.50
CTC Calculation = Lesser of 50% of Tuition = $2094.75 or $1000 (eligible per tax filings)
CTC Claim $1000 (Note - if no taxes payable, this $1000 CTC is fully refundable when you file your tax return)
Plus Claim a Tuition Amount for the Remaining Fees:
Tuition Credit $3189.50 ($4189.50 less CTC claimed $1000 -T2202 required)
Tax benefit $765.50 ($3189.50 x 24% - varies with province of residence)
Total Tax benefit (Tuition amount plus CTC) = $1765.50 (42% of tuition fees payable)
Net cost of tuition $4189.50 - $1765.50 = $2424.00