Upon your death you are deemed to have disposed of your assets to your estate, which may trigger a gain or a loss. Learn more about filing a final return.
Tax
5 common mistakes to avoid on your tax return
At tax time, make sure you’re reporting accurate information. Here are some common mistakes to watch out for.
Reducing the tax taken from your pay cheque
If you’re an employee, your employer will deduct income tax from your pay cheque. This is known as tax deductions at source. Reducing the amount of tax withheld will increase your net take-home pay.
How income tax works
Find out more about how income tax works, including tax deductions and tax credits, and try our interactive chart to see what tax bracket you are in.
Understanding the tax deductions on your pay stub
Your pay stub summarizes your employment earnings and other deductions for tax, EI, and CPP. Learn more about how these are calculated.