Personal Tax Return

T1 Personal Income Tax Return

Every individual has the obligation to file a personal tax return. You need professional expertise to navigate tax confusion and minimize taxes paid within the legal limits.

Under the Canadian federal system, individuals are taxed at progressive rates depending on their taxable income. In addition, individuals must pay the provincial tax. Alberta is the only province that has a flat personal tax rate (currently at 10%). All other provinces tax personal income at progressive rates, similar with the federal program.

For most people, personal tax returns are due on April 30 of the following year. Self-employed individuals have to file their personal tax return by June 15 of the following year, however any balance due must be paid by April 30.

Your trusted Chartered Accountant provides personal tax return services to clients located in Calgary and area.