There’s always a chance your tax return could be reviewed or audited after it is processed. Learn more about what to do.
Tax
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.
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.
The self-employed and tax
If you’re self-employed and your business is not incorporated, you must file an individual tax return each year. You report your income as business or professional income. And you can deduct business expenses.
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.
Caregivers and tax
If you’re the caregiver of a family member with an illness or disability, you may be eligible for tax credits when you file your return.
Tax considerations for seniors
Seniors have unique considerations when filing their tax return. Learn more about tax credits and deductions you might be eligible for.
Homeowners and tax
When you buy a home you can claim certain tax credits to offset expenses.
Parents and tax
As a parent you may be eligible for certain benefits or tax credits to help with expenses.
Claim tax credits on student loans and expenses
As a post-secondary student, you may be eligible for specific tax credits that reduce how much you may owe at tax time.
Medical and attendant care expenses
You can claim a tax credit for medical expenses for yourself, your spouse, and minor children that you paid in any twelve month period ending in the current tax year.
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.