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FAQ'S

  • What is the deadline for filing my personal income tax return?
    The deadline is typically April 30th. For more details, visit Canada.ca Tax Deadlines.
  • How can I get a copy of my previously filed tax returns?
    You can request copies through the CRA’s My Account service. Learn more here.
  • What are the different types of taxes in Canada?
    Canada has federal, provincial, and municipal taxes. Find more information here
  • How do I register for a CRA My Account?
    Registering is easy and can be done online. Follow the steps here.
  • What is the CRA's Voluntary Disclosures Program (VDP)?
    The VDP allows taxpayers to correct previous errors or omissions without facing penalties. More details here.
  • How long should I keep my tax records?
    Keep records for at least six years. Learn more about record-keeping requirements here.
  • What is the difference between a tax deduction and a tax credit?
    A tax deduction reduces your taxable income, while a tax credit directly reduces the amount of tax you owe. More information here.
  • How do I file my taxes online?
    You can file your taxes online using certified software. Find out more here.
  • Can I file my taxes by paper?
    Yes, you can still file by paper. Learn how here.
  • What should I do if I missed the tax filing deadline?
    File as soon as possible to minimize penalties. More guidance here.
  • How do I correct a mistake on my tax return?
    Use the CRA's ReFILE service or submit a T1-ADJ form. Details here.
  • What documents do I need to file my taxes?
    You will need your T4 slips, receipts, and any other relevant documents. More information here.
  • How can I check the status of my tax return?
    Check your status online through My Account or by phone. Instructions here.
  • What is the penalty for filing late?
    Penalties vary but start at 5% of the balance owed. Learn more here.
  • What is the Canada Child Benefit (CCB)?
    The CCB is a tax-free monthly payment to eligible families. More details here.
  • Am I eligible for the GST/HST credit?
    Low-income individuals and families can qualify. Check eligibility here.
  • How do I apply for the Disability Tax Credit (DTC)?
    You need to submit Form T2201. Learn more here.
  • What is the Climate Action Incentive (CAI)?
    The CAI is a refundable credit for residents of provinces without a carbon pricing system. More info here.
  • Can I claim medical expenses on my taxes?
    Yes, you can claim eligible medical expenses. Find the details here.
  • What is the Canada Training Credit?
    This refundable credit helps cover training costs for eligible Canadians. More information here.
  • How do I claim tuition and education credits?
    Use Schedule 11 on your tax return. More details here.
  • How do I register my business for a GST/HST account?
    Register through the CRA's Business Registration Online. More info here.
  • What expenses can I deduct as a small business owner?
    Common deductions include office expenses, travel, and salaries. Details here.
  • How do I file a corporate tax return?
    File using T2 forms. More guidance here.
  • What is the small business deduction?
    It reduces the tax rate on your small business income. Learn more here.
  • How can I manage my business payroll taxes?
    Use the CRA’s payroll deductions online calculator. More info here.
  • What are the tax implications of hiring employees vs. contractors?
    Employees require source deductions; contractors do not. More details here.
  • How do I keep proper tax records for my business?
    Keep all receipts, invoices, and financial statements for six years. More information here.
  • What is the GST/HST rate in my province?
    Rates vary by province. Check the rates here.
  • How do I file my GST/HST return?
    File online through My Business Account. Instructions here.
  • What is input tax credit (ITC)?
    ITCs allow businesses to recover the GST/HST paid on business expenses. Learn more here.
  • Who needs to register for GST/HST?
    Businesses with taxable sales over $30,000 must register. More details here.
  • How do I claim a GST/HST rebate?
    Rebates are available for certain expenses and groups. More info here.
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