CRA prepares for a complicated tax season
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CRA prepares for a complicated tax season
This is going to be a tax season like no other. If you collected government benefits in 2020, you might end up owing more money than in previous years. However, if you spent part of the year working from home, you could wind up with a bigger refund than usual.
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Start by gathering your documents to report income and claim deductions, and choose how you want to file and send your completed tax return to the CRA. In Canada, the tax system is based on self-assessment, meaning individuals are generally responsible for completing and filing their own income tax returns. The Canada Revenue Agency (CRA) administers the tax laws but typically does not file taxes on behalf of individuals, with one key exception: tax evasión #Canadiantax #CRA #taxseason2026
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