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New to Canada, or the workforce? Here’s what to know about filing taxes

March 30, 2022

By Vancouver Sun |

Are you a young Canadian who just entered the workforce, or a recent immigrant filing taxes in Canada for the first time? Don’t worry. Filing your tax return for the first time doesn’t need to be a daunting task.

If you decide to file by yourself, make sure you follow the guidelines, fill out the boxes on the tax form carefully, and don’t be afraid to ask for help. Here are some key things to know so you can file your taxes with confidence this year.

Canada Revenue Agency: the administrator

The Canada Revenue Agency (CRA) collects taxes, administers tax laws and policies, and delivers benefit programs and tax credits. Your tax return is submitted to and processed by the CRA.

Due dates

The filing deadline for individuals to file for your 2021 tax return is April 30, 2022. However, because that’s a Saturday, this year you have until May 2 to get your return in the mail and postmarked.

If you or your spouse carried on a business in 2021, your filing due date is June 15, 2022. Regardless of your filing deadline, if it is assessed that you have taxes owing, then you must pay your balance by April 30, 2022.

You must submit your tax return before the deadline to avoid interests and penalties.

Ways to file your tax return
If you’re not comfortable filing your tax return yourself, you can seek out a tax professional to file it. Most of these tax firms charge a fee, though there are drop-in centres (for example, on university campuses) that offer basic tax return services for free.

Alternatively, you can file online using one of the tax apps certified by CRA. Check out CRA’s webpage for all electronic filing options available.

Finally, you can fill out the paper forms by hand. If you don’t have a Social Insurance Number (SIN), then this is the only option for you as you are required to mail in your tax return.

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