Tax Returns - Canada
 

Hi Guys

I have a question here that I am sure you lot could help me with :-)

I have been here in Canada since April travelling and then working full time since September. Now, I know its the Tax return deadline fast approaching what do I need to do to submit my taxes as I have been paying tax since September but I am guessing I would be under the threshold?

Any help with this would be much appreciated as I really don't know where to start.

Thanks

Mar

Re: Tax Returns - Canada
 

If you've been paying tax and think you're under the minimum threshold, you DEFINITELY want to file, as you'll get all of those taxes back.

Re: Tax Returns - Canada
 

Ok great, how would I go around this then? speak to someone at H&R Block or is there a cheaper way to do this?

I'm certainly under the min as Iv only been working full time here since September.

Your helps is much appreciated!

Thanks

Re: Tax Returns - Canada
 

download the software from somewhere like H and R block ( I think their one is free now) , follow the steps and see what happens.

I think you can file online even if it is your first time now.

cra website will help

Get ready to file your 2014 income tax return

Re: Tax Returns - Canada
 

I'd pay for an accountant. I paid $40 for my return as im on an IEC

Re: Tax Returns - Canada
 

just out of curiosity, why?

if your tax situation isn't complicated it's very easy to just follow the prompts.

I'm not saying it wasn't appropriate in your case but as generic advice I'd question that.

Re: Tax Returns - Canada
 

Thanks guys, Im also on IEC Beckiwoo. Did you get you accountant from H&R Block?

And it only cost $40? that's great!

Re: Tax Returns - Canada
 

H & R are tax preparers, not accountants at least those who fill in your tax forms are not. Not somewhere I would go, had a bad experience once, never again.

Re: Tax Returns - Canada
 

There are lots of free programs approved by CRA.

I've used Studiotax for the last few years and found it very simple to use.

Certified software for the 2015 NETFILE program

Re: Tax Returns - Canada
 

Great, so you recommend doing this on my own through Studiotax as this has worked for you over the years?

I would like to avoid ridiculous costs to have this done so if this works for free that's great! :-)

Re: Tax Returns - Canada
 

I'll second Studiotax. Used it on Siouxsie's recommendation last year & it converted me from pen & paper ;). My teen daughter used it without my assistance this year too.

Re: Tax Returns - Canada
 

Cost is subjective. If you spend $200 to get $600 back, you are ahead of the game. Using a professional should save you more than they cost, either in time and inconvenience and/or monetary. Our accountant saves us thousands a year.

Re: Tax Returns - Canada
 

Because every time I tried using ufile I didn't know what my residency status was and when I changed this and did my world income it changed from $500 - $1000 return.

for the sake of $40 I could not be bothered with the hassle or worry of not filing right.

It was an accountant recommended by a friend. I am not sure how much H&R block cost

Re: Tax Returns - Canada
 

Thanks Beckiwoo.

I guess I should ask around for prices but $40 is great!

I may have a go at Studio tax first and see how I find that and if not get looking for a cheap but decent accountant.

Thanks

Re: Tax Returns - Canada
 

yeah give it ago. You might get on with it a lot better then I did so you may not need anyone. :)