You just arrived in Canada and have no income here. While everyone around you is filing their taxes, you might think that you can skip it. Wrong! You have to do your taxes every year, even if you did not have income during the year or you only lived in Canada for part of the year. That is if you want to get your tax benefits and credit payments.
Yes, Canada offers tax benefits and credits for newcomers. For instance, you might be eligible for the Canada Child Benefit, the goods and services/harmonized sales tax (GST/HST) credit, and related provincial and territorial programs. It is, therefore, vital for newcomers in Canada to learn about the importance of tax filing, receiving the benefits and credits they are entitled to, and how to get tax help for free. This video by Canada Revenue Agency does exactly that.
Don’t forget that before you apply for these benefits and credits, you will need to get a social insurance number (SIN). Learn more in this video, including how to protect yourself against scams.
For more information, visit canada.ca/new-to-canada or call 1-800-387-1193.
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