Your employer needs to fill out and give you a copy of the T2200 Conditions of Employment – https://www.canada.ca/content/dam/cra-arc/formspubs/pbg/t2200/t2200-fill-15e.pdf Once you have the form, then you need to fill...[...]

You need to register for CRA’s My Account at https://www.canada.ca/en/revenue-agency/services/e-services/e-services-individuals/account-individuals.html[...]

CRA starts accepting tax returns in late February for the previous tax year. Personal tax returns my be filed by April 30th to avoid penalties.[...]

The NET INCOME of Proprietorships (Revenues minus tax deductible expenses) are taxed at the same rate as employment expenses. See 2020 Marginal Tax Rates.[...]

See 2020 Marginal Tax Rates.[...]

Capital Gains are taxed at half the rate of employment income. Please see 2020 Marginal Tax Rates.[...]

Typically, CRA issues refunds within 10 days of e-filing. You should set up direct deposit with CRA to ensure fast receipt of the refund.[...]

You are required to retain all tax documents and related receipts for 6 years.[...]

Retirement Income is taxed at the same rate as employment income. There is a Pension Credit of $2,000 per year which reduces the tax payable.[...]

The combined 2020 Marginal Tax Rates in Ontario are: 2020 Marginal Tax Rates Combined Federal and Ontario 2020 Taxable Income Employment Income , Pension Income, Interest Income Capital Gains...[...]