Personal Tax

Put your mind at ease and have Smartax prepare and file your personal return to avoid paying costly interest and penalties on incorrectly prepared tax returns.

We provide personal tax compliance services to most individuals. Smartax can prepare tax returns for individuals in most situations:
New residents of Canada (Immigrants).
Former residents of Canada (Emigrants).

Individuals with rental property.

Individuals that operate businesses or are partners in a partnership.

Relatives that have recently passed away.

Owners-Managers of corporations.

Students.

Individuals with RRSPs and other Investments.

Why File a Tax Return?
Even if you don’t owe taxes, here are some good reasons why you should file your return as soon as possible:

Increase your RRSP contribution limit.

Transfer or carry forward eligible tuition credits and capital losses.

You could be eligible for a GST credit and other refundable incentives.

If you have children, you must file a return to receive the child tax benefit.

Deadlines & Penalties
Most Personal tax returns are due by April 30, however, individuals with business income (or are partners in a partnership) are required to file their personal tax returns by June 15. In either case, taxes owing to the Canada Revenue Agency, if any, are due by April 30.

If you did not pay your taxes on time or if there is a balance owing on your Notice of Assessment, the CRA charges compound daily interest starting in May, on any unpaid amounts owing. In addition, the CRA will charge interest on any penalties, starting the day after your return is due.

The Smartax Advantage

Max Refund

At Smartax, we know each Canadian has their right to pay only the taxes they are legally obliged to and not a penny more. In addition, each Canadian has the right to claim every eligible credit and deduction. With this understanding, we are confident that we will get you the maximum refund possible or least amount of tax owing.

E-File Service

E-filers can expect to have their tax returns processed in two weeks as opposed to four weeks if you paper file.