Vancouver’s Personal Tax Return Services

T1 Individual Income Tax Return Services in Vancouver BC

In Canada, your personal tax return is due by April 30. If April 30 falls on a Saturday, Sunday, or public holiday, Canada Revenue Agency will consider the return filed on time and/or payment received on time if it is received or postmarked on the following business day. Even if you cannot pay the full amount by April 30, you can still avoid the late filing penalty by filing your return on time.

You must include in income all amounts you received in except for the following:

  • Any GST / PST credit or Canada Child Tax Benefit payments, as well as those from related provincial or territorial programs
  • Child assistance payments
  • Compensation received from a province or territory is you were a victim of a criminal act or a motor vehicle accident
  • Lottery winnings
  • Most gifts and inheritances
  • Amounts paid by Canada or an ally for disability or death due to war services
  • Most amounts received from a life insurance policy following someone’s death
  • Most strike pay you received from your union

Common tax credits you may be eligible to claim are as follows:

  • Payments made to boarding school, sports school or camp
  • Donations you made to registered charities or political parties
  • Payments made for medical premiums, prescriptions, or dental
  • Payments made to union or professions boards
  • Payments made for moving within 40 km of your work or school
  • Payments made for safety deposit box or most interests on money borrowed for investment purposes
  • Payments made for disability
  • Payments made for adoption
  • Payments made for public transit passes
  • Payments made for tuition

Services By Acton Accounting & Bookkeeping Inc. Include: Corporate & Personal Tax Returns | Payroll Deductions / T4 / Workers Compensation | Accounts Payable & Receivables | T2 Corporate Tax Return | Income-splitting Techniques | Business And Self-employment Expenses | T1 Individual Income Tax Return | Financial Statements | Bank Reconciliations

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