You should educate yourself on the Canadian tax return system as a new immigrant to the country, including how to file a tax return.
A tax return is a form you submit to the Canada Revenue Agency (CRA) outlining your earnings, credits, and deductions for a specific tax year. Because it establishes your eligibility for specific benefits, credits, and refunds, as well as your tax liability, filing a tax return, is crucial.
We’ll go through what a tax return is in this post, why you might need to file one, and how to complete it. Read More