Expert Tax Accountants in Bathurst

Online banking is the simplest route: add the CRA as a payee, select the account and tax year precisely, and pay from your chequing account. CRA My Payment takes debit card payments, and pre-authorised debit can be scheduled in My Account or My Business Account for a single amount or a run of instalments. Corporations and GST/HST registrants use the same channels under their business number. Keep the confirmation number and allow several days for the payment to post.

CRA online filing for 2025 returns opened 23 February 2026 and closes 29 January 2027. Most people file between late February and the 30 April 2026 deadline, and that stretch is what tax season refers to. You can gather documents and prepare a return earlier, but it cannot be sent electronically before the system opens. Employment and investment slips such as T4 and T5 are issued by payers early in the year, and the CRA's Auto-fill service can pull the ones it already holds once you have set up My Account.

For 2025 returns filed in 2026, most online returns are processed in about two weeks, and a non-resident return can take up to sixteen weeks. A paper return runs on a considerably longer standard because it is handled manually. Those timeframes assume a complete return that is not pulled for review. Register direct deposit and track progress in CRA My Account rather than waiting on a posted cheque.

Pay through your bank's online banking by adding the CRA as a payee and choosing the right account and year, through My Payment with a debit card, by pre-authorised debit scheduled in My Account, by credit card through a third-party provider that charges its own fee, or at a bank counter with a remittance voucher. For 2025 personal returns the payment deadline was 30 April 2026, including for the self-employed, and interest runs daily on anything unpaid after that.

HST in New Brunswick is 15% in 2026 - the 5% federal GST plus a 10% provincial component. New Brunswick raised its provincial component from 8% to 10% effective 1 July 2016, taking the combined rate from 13% to 15%; for an invoice that straddles that date, check the dated table on the CRA GST/HST rates and place-of-supply rules page. It applies to most goods and services supplied in the province, whoever the seller is.

Municipal property tax is billed by your city and is separate from income tax. The bill is your assessed value multiplied by the local rate, so the lever you control is the assessment: read your assessment notice, compare it against similar nearby properties, and file a request for reconsideration or an appeal with your provincial assessment authority inside its deadline. Also check local programs, such as senior, low-income or disability deferrals and rebates, and confirm the property class is right.

Forms and the tax software approved for electronic filing are normally released just before filing opens for that year, late in the following February. So 2026 tax year forms are expected early in 2027. The 2025 forms are already out: online filing for the 2025 tax year opened on 23 February 2026 and closes on 29 January 2027. Draft versions sometimes appear on canada.ca sooner, but wait for the final form before you file.

No. Borrowed money is not income, so a bank loan, line of credit or mortgage is not reported on your return, and repaying the principal is not deductible. The interest can be deductible where you borrowed to earn business or investment income. Watch two exceptions: a debt that is forgiven can trigger a tax consequence, and a loan from your own corporation or from your employer can create a taxable benefit or income inclusion.

Yes. Property tax is an annual levy charged by the municipality for as long as you own the property, and it funds local services rather than going to the CRA. It is billed each year on the current assessed value and the rate council sets, so it continues after the mortgage is paid off. Owners can usually spread the amount over instalments or a monthly plan, but the obligation itself is yearly and does not end.

Gross income is everything you earn before anything comes off: employment pay before tax, CPP and EI are withheld, plus self-employment revenue, tips, interest, dividends, rental income and taxable benefits. On a pay stub it is the top line, not the amount deposited. For a return, add the income amounts from every slip you receive, such as T4, T4A and T5, together with income for which no slip was issued, including cash and casual work.

Two things: your property's assessed value and the tax rate your municipality sets each year, plus any education levy. Assessment reflects the market value of comparable properties at a set valuation date, so additions, renovations and rising local sale prices push it up. The bill falls when the assessment drops, a rate is cut, or you qualify for a rebate or a seniors or disability deferral. An assessment you believe is wrong can be appealed by the deadline on the notice.

In most Canadian municipalities the property tax year is the calendar year, so the levy covers the whole of that year even when the bill arrives months later. Assessment runs on its own cycle: a provincial assessment authority values your property as of a fixed valuation date, and that value is then applied for one or more tax years. When a property changes hands mid-year, the lawyers adjust the tax between buyer and seller on closing.