Start by gathering your documents to report income and claim deductions, and choose how you want to file and send your completed tax return to the cra. Personal income tax get ready to file a tax return to receive the benefits and credits you may be eligible for, you need to file your income tax and benefit return every year. Tax preparers use efile certified software to file your taxes online.
Each province and territory determines their own income tax rates. Who should file a tax return, filing and payment dates, filing options to report income and claim deductions, how to pay taxes, and options after filing. The government of canada sets the federal income tax rates for individuals.
As shown below, the bulk of total tax relief will go to those with incomes in the two lowest tax brackets, including nearly half to those in the first bracket. If eligible, you may be able to get your taxes done for free by invitation or at a free tax clinic. The canada revenue agency (cra) administers tax laws for the government, providing contacts, services, and information related to payments, taxes, and benefits for individuals and businesses. Provincial or territorial income tax rates apply in addition to federal income tax rates.