What should I know about income tax?

In Canada, income tax is administered by the Canada Revenue Agency (CRA). Anyone who receives income in Canada must submit an Income Tax and Benefit Return.

Your employer may deduct income tax from each paycheck. A detailed explanation of the Canadian tax system can be found at Settlement.Org and the Ministry of Citizenship and Immigration.

Filing an income tax return is extremely important. You need to file one each year to qualify for various tax credit programs, such as the Canada Child Tax Benefit (CCTB). A more detailed list of benefits is available on the Canada Revenue Agency site.

You can file by yourself or have an income tax professional complete your income tax for you. You will need to file your income tax return each year by April 30th.