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1. www.canada.ca › en › revenue-agencyNewcomers to Canada - Canada.ca

   www.canada.ca › en › revenue-agency

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   If you lived in Quebec on December 31, 2023, you can get information about filing a Revenu Québec Income Tax Return and calculating your provincial tax by contacting Revenu Québec. If you resided in another province or territory on December 31 , 2023, see the income tax package for that province or territory for information about how to calculate your provincial or territorial tax using Form ...

2. www.canada.ca › en › revenue-agencyBenefits, credits, and taxes for newcomers - Canada.ca

   www.canada.ca › en › revenue-agency

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   The goods and services tax/harmonized sales tax (GST/HST) credit helps you offset the tax you pay on things you buy. If you are at least 19 years old, have a low or modest income, and are eligible, apply for a tax-free quarterly payment. Find out if you are eligible to apply for the GST/HST credit. The Canada Carbon Rebate (formerly known as ...

3. www.canada.ca › en › revenue-agencyNew to Canada – There are benefits to filing an income tax ...

   www.canada.ca › en › revenue-agency

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   Mar 13, 2024 · The filing and payment deadline is April 30, 2024. Get ready to do your taxes and make sure you file your tax return on or before April 30, 2024. Even if you have little or no income, you need to file your tax return every year: to receive a tax refund (if you are owed one); to continue to receive benefit and credit payments (if you are ...

4. www.personaltaxadvisors.ca › basics-of-canadianBasics of Canadian Taxes for Immigrants (Updated 2024)

   www.personaltaxadvisors.ca › basics-of-canadian

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   Feb 16, 2024 · This means that if you have income from outside of Canada, you’ll need to report it on your Canadian tax return. This includes income from employment, self-employment, investments, or rental properties. If you have foreign assets costing more than CA$100,000, you may also have to report them on a special return called T1135 Foreign Income ...

5. turbotax.intuit.ca › tax › situationsTax Filing for Newcomers to Canada | TurboTax® Canada

   turbotax.intuit.ca › tax › situations

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   Tax filing deadlines. The tax filing deadline is April 30 of every year. If April 30 falls on a weekend, the CRA extends the deadline to the following business day. If you’re self-employed, the deadline is June 15. If you file late, you'll be liable for penalties and interest on the amount owing for that tax year.

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6. provisioncpa.com › insights › the-ultimate-tax-guideThe Ultimate Tax Guide for a New Immigrant in Canada

   provisioncpa.com › insights › the-ultimate-tax-guide

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   Jan 6, 2023 · The CPP tax rate for 2023 is 5.70%, and the EI rate is 1.63%. Taxpayers are only required to pay CPP tax on the first $66,000 earned and on the first $61,500 for EI. Newcomers must also pay provincial or territorial, and federal income tax. Their employer must also withhold these taxes from their paycheck and remit to the government on their ...

7. People also ask

   Do newcomers have to file taxes in Canada?

   • The key takeaway is that newcomers who reside in Canada are required to file an income tax return, even if they only live in Canada for part of the tax year. This is true for their first Canadian tax return and for each year going forward.

   The Ultimate Tax Guide for a New Immigrant in Canada

   provisioncpa.com/insights/the-ultimate-tax-guide-for-a-new-immigrant-in-canada/

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   Do newcomers have to file tax returns every year?

   • However, they must file their income tax and benefit returns each year to continue to receive their current benefits and credits. Canada welcomed over 1.3 million newcomers who permanently settled in Canada between 2016 to 2021, and this number is projected to reach 500,000 a year by 2025.

   The Ultimate Tax Guide for a New Immigrant in Canada

   provisioncpa.com/insights/the-ultimate-tax-guide-for-a-new-immigrant-in-canada/

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   Do I need a tax form if I'm New to Canada?

   • If you are new to Canada, you might be eligible for certain benefits and credits such as the federal child benefit, the GST/HST credit and related federal, provincial or territorial programs, but you'll need to fill out tax forms to ensure you get that money.

   Is it your first time filing taxes in Canada? These tips can help you

   www.ctvnews.ca/canada/is-it-your-first-time-filing-taxes-in-canada-these-tips-can-help-you-1.6305434

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   What is the deadline to pay taxes in 2024?

   • If you owe money to the CRA, the deadline to make a payment is also April 30, 2024. By filing and paying on time, you’ll avoid late-filing penalties and interest. When you file your tax return, you could reduce the amount of tax you owe by claiming deductions, credits, and expenses. If you’re self-employed, file by June 15, 2024

   New to Canada – There are benefits to filing an income tax and benefit

   www.canada.ca/en/revenue-agency/news/newsroom/tax-tips/tax-filing-season-media-kit/new-canada-filing-taxes-here-are-tips-help-you.html

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   Can a newcomer claim a federal non-refundable tax credit in 2023?

   • As a newcomer to Canada in 2023, you may be limited in the amount that you can claim for certain federal non-refundable tax credits for 2023. The total amount that you can claim for each federal non-refundable tax credit cannot be more than the amount you could have claimed if you were a resident of Canada for the whole year.

   Newcomers to Canada - Canada.ca

   www.canada.ca/en/revenue-agency/services/forms-publications/publications/t4055/t4055-newcomers-canada.html

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   Do tax preparation software companies need CRA NETFILE certification?

   • Income tax preparation software companies must seek NETFILE certification from the Canada Revenue Agency (the “CRA”) for tax preparation software products to be used in conjunction with CRA’s NETFILE electronic tax filing service. All TurboTax software products for tax year 2023 are CRA NETFILE certified.

   Tax Filing for Newcomers to Canada | TurboTax® Canada

   turbotax.intuit.ca/tax/situations/newcomers-to-canada

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8. www.ctvnews.ca › canada › is-it-your-first-timeThese tips can help newcomers to Canada to file their taxes ...

   www.ctvnews.ca › canada › is-it-your-first-time

   Mar 9, 2023 · This year’s deadline for filing taxes in Canada is April 30, but since this deadline falls on a Sunday, you will have an extra day to submit your application. Taxes must be filed and any balance ...