Filing your personal tax returns on time is very important for many reasons. Most of the time, you need to use the information from their tax return to complete certain tasks.
You need to do tax for the following:
- Maintain a good record–career, life, immigration
- Permanent Resident Card renewal / Citizenship application/ Immigration sponsorship
- Get all benefits $$$ – GST/HST credit, CTB, OTB, subsidy, CPP
- Create RRSP contribution room / Apply for bank loan
- Most importantly: you may get a tax refund of $$$
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