How does the Canadi...
 
Notifications
Clear all

How does the Canadian tax system work for newcomers?

2 Posts
2 Users
0 Reactions
211 Views
(@brown-caleb9602)
Posts: 141
Reputable Member
Topic starter
 
 
Posted : 14/02/2025 1:24 pm
(@wong_kevin)
Posts: 135
Reputable Member
 

Canada has a progressive tax system, meaning the more you earn, the higher your tax rate. Taxes are deducted at the source if you're employed, but if you're self-employed or have additional income, you’ll need to file your taxes annually. As a newcomer, you’ll also need to apply for a Social Insurance Number (SIN) to work and pay taxes. Filing taxes is mandatory even if you have little or no income, as it helps you qualify for government benefits.

 
Posted : 14/02/2025 1:24 pm
Share:
Featured Consultants
Not-verified

Mississauga

Babbaldeep Kaur Saggu

RCIC ID R514840
Maxx Life Immigration Services Inc.
Not-verified

Calgary

Sovannara Phin

RCIC ID R526588
Hopeland Immigration Services Inc.
Not-verified

Surrey

Harsimran Pasricha

RCIC ID R515053
AP Canadian Immigration Services
Not-verified

Richard La

RCIC ID R523470
Sound Advice Canadian Immigration Services
Not-verified

St. Albert

Rajwinder Bhullar

RCIC ID R516152
AJ Immigration & Paralegal Services Inc.
Not-verified

Ogechi Ngozi Agu

RCIC ID R533543
QAC Immigration Services
Not-verified

Etobicoke

Arlete Campion

RCIC ID R408439
AFC & Associates
Not-verified

Alina Daniela Roman

RCIC ID R508879
Simon Fraser University
Not-verified

Giomny H. Ruiz Fernandez

RCIC ID R527082
Ruiz Immigration
Verified

St. Catharines

Claudia Palacio

RCIC ID R416911
Statera Immigration Inc.
Not-verified

Edmonton

Christina Camarce

RCIC ID R507796
RPCL Immigration Services
Not-verified

Edmonton

Gursimran Kaur Padda

RCIC ID R708081
Padda Immigration Services
Not-verified

Thi Hai Anh Vu

RCIC ID R703310
Algonquin College
Not-verified

John Parankimamvilayil Koshy

RCIC ID R708614
TurtleDove Immigration Services Inc.
Not-verified

Padam Lakhanpal

RCIC ID R507841
SMVD Immigration Consultants
Not-verified

Montreal

Ana-Maria Carstea

RCIC ID R705950
Carstea Services conseils en immigration
Not-verified

Kelowna

Simranjit Singh

RCIC ID R710901
Global SD Immigration Services Ltd.
Not-verified

Jai Inder Kaur Sangha

RCIC ID R534513
San-Star Immigration Consultancy
Not-verified

Kitchener

Sachindra Sharma

RCIC ID R710509
DMI Immigration Consulting Services Inc.
Not-verified

Mississauga

Kuldeep Rai

RCIC ID R709080
Om Canadian Immigration Services Inc.