Canadian Tax System Explained

Taxes in Canada are different from Nigeria. Here's what you need to know:

Tax Year

January 1 - December 31

Filing Deadline

April 30 (or June 15 if self-employed)

What You Need

  • Social Insurance Number (SIN)
  • T4 slip from employer
  • Receipts for deductions

Common Deductions

  • Moving expenses (if you moved for work)
  • Childcare costs
  • Transit passes
  • Tuition fees

Tax Software

  • TurboTax
  • Wealthsimple Tax (free!)
  • UFile

First-Time Filer?

You might get benefits:

  • GST/HST credit
  • Canada Child Benefit
  • Climate Action Incentive

Getting Help

  • Free tax clinics for low income
  • Accountants (for complex situations)
  • CRA website has great resources

File your taxes even if you didn't earn much. You might get money back!