Basic Steps to File Canada Tax Returns

Basic Steps to File Canada Tax Returns

If you are an immigrant in Canada, knowing about the basics of Canada tax returns might be very beneficial for you. Along with that, you should also know that March is Canada’s Fraud Prevention Month, in which newcomers learn how to protect oneself from scam and fraud.

What’s a Tax Return?

Immigrants should really understand how tax returns work and how you can file for a tax return if you need to. This is a document that reports income, credits, and deductions for a year of people. TIn addition, the Canada Revenue Agency files it.

Taxes in Canada

In Canada, taxes are collected at the federal, provincial/territorial, and municipal levels. The key types of taxes include:

Income Tax
Goods and Services Tax (GST)
Property Tax
Corporate Tax
Customs Duties and Excise Taxes
Capital Gains Tax
Payroll Taxes
Sales Taxes
Sin Taxes

Reasons to file tax return in Canada

But why should you file a tax return? Well, it is an important task that determines your eligibility for tax return and tax liability. Eligibility required for credits, benefits, and refunds. 

Even if someone lived in Canada for only some time, and not even a whole year, they still need to file a tax return. A person files a tax return if they earned income such as investment, employment, or if they want to claim a refund. 

Filing this tax return could allow the individual to claim benefits and credits that they may be eligible for.

Tax Return Deadline

Every year, the deadline for filing a tax return is 30th Apr. But, if the 30th of April is on a weekend, then the last date gets postponed to the next business day.

For self employed people, the deadline is on 15th June. Whereas, for people with tax liability, it is still the 30th of April.

Process of Filing a Tax Return

There are many ways to file a tax return. You have the option to file a paper or you could use a certified tax software if you are choosing to go for e-filing.

One of the easiest ways to file a return is via CRA’s website. Use the “My Account” feature and file your tax return easily. However, for those who would like to go with the paper filing, they can call the CRA at 1-855-330-3305 or order the package from CRA’s website.

Requirements of Filing a Tax Return

When you are filing a tax return, there are certain requirements that you need to fill. One of these requirements is that you need to provide personal details such as your name, social insurance number, address among other things.

Moreover, you also need to provide information related to your income. And, if you made any deductions or credits, then provide information on that too.


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Niyati Chaurasia

Niyati Chaurasia

Niyati’s specialty lies in Canadian immigration matters along with crafting helpful, user-oriented content.

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