Your pay stub summarizes your employment earnings and other deductions for tax, EI, and CPP. Learn more about how these are calculated.
Understanding tax
Learn more about how tax filing and tax deductions work.
How and why to file your taxes
Learn what you need to file your taxes and why it’s important to stay up to date.
How income tax works
Find out more about how income tax works, including tax deductions and tax credits, and try our interactive chart to see what tax bracket you are in.
Reducing the tax taken from your pay cheque
If you’re an employee, your employer will deduct income tax from your pay cheque. This is known as tax deductions at source. Reducing the amount of tax withheld will increase your net take-home pay.
How to avoid tax penalties and fees
Filing your taxes on time, with correct and complete information, can help you avoid penalties or fees for late filing.
What to do if your tax return is reviewed or audited
There’s always a chance your tax return could be reviewed or audited after it is processed. Learn more about what to do.
How your tax notice of assessment can help you
Learn what your notice of assessment tells you and how it can help you if you need to make a change on your tax return or if you disagree with your assessment.
RRSP and TFSA contributions
Your annual RRSP contribution room is determined by how much income you earned the previous year. You can deduct contributions to your RRSP but not your TFSA.
Investors and tax
The amount of tax you pay on your investments depends on the type of investments you hold, and the type of account they are held in.
5 common mistakes to avoid on your tax return
At tax time, make sure you’re reporting accurate information. Here are some common mistakes to watch out for.
Preparing a tax return for someone who has died
Upon your death you are deemed to have disposed of your assets to your estate, which may trigger a gain or a loss. Learn more about filing a final return.
Charitable donations
You can claim a federal and provincial non-refundable tax credit when your give money to a registered charity or qualifying organization.