Expert Tax Accountants in St. Thomas

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.

Download them from the forms and publications section of canada.ca, where current and prior-year federal and provincial forms sit as printable PDFs. During filing season paper packages are also stocked at some Canada Post and Service Canada outlets, and the CRA will post a package if you order one by phone. Filing software completes the same forms behind the scenes, so most people never need the printed version at all.

No single legal definition exists. The CRA does not publish a low-income line; instead each benefit and credit has its own income test, and payments such as the GST/HST credit, the Canada workers benefit and the Ontario Trillium Benefit phase out as family net income rises. Statistics Canada's low-income measures vary by household size and community. File a return even on very little income, because those benefits are calculated from the return.

If you are incorporated, you can take salary, dividends, or a mix of both. Salary is deductible to the corporation, builds RRSP room and CPP entitlement, and requires payroll registration and regular remittances. Dividends need no payroll but come out of after-tax corporate income and create no RRSP room. Sole proprietors and partners simply draw money and pay tax on the business profit. The right mix depends on your cash needs and the corporation's tax position, so model both.

Ontario applies 13% HST to mobile service, so a $60 plan bills at $67.80. The tax covers the monthly fee, overage, roaming within Canada, device instalment charges and most add-ons, and a handset bought outright carries 13% as well. Regulatory and service fees on the invoice are generally taxed the same way. A business registered for GST/HST can claim input tax credits on the share of the bill used for commercial activity, so keep the itemised invoice.

Ontario's sales tax is 13% HST, the figure on almost every receipt. Income tax is layered: federal brackets for 2026 start at 14% and climb through 20.5%, 26% and 29% to 33%, with Ontario's own bracket rates and surtax added on top, so your combined marginal rate is higher than either government's alone. Corporations face an Ontario combined general rate of 26.5%, and a provincial small business rate of 3.2% that drops to 2.2% from 1 July 2026.

No. While your taxable revenue stays under the $30,000 small-supplier threshold for 2026, unchanged from 2025, you are not required to register for GST/HST or charge it. The threshold is tested over four consecutive calendar quarters or within a single quarter, and crossing it in one quarter ends small-supplier status on the sale that takes you over. You may still register voluntarily so you can claim input tax credits on your costs.

Yes. Taxi and limousine fares are taxable services, so HST at 13% applies in Ontario and appears on the meter total or receipt. Ride-share trips are treated the same way, and the driver or platform is responsible for collecting and remitting the tax. Drivers who operate a taxi or limousine business must register for GST/HST regardless of revenue: the $30,000 small-supplier threshold does not shelter them. See the CRA's guidance for taxi and ride-sharing drivers.

Yes. Household paper products are ordinary taxable goods, not basic groceries, so GST or HST applies at the rate where you buy them: 5% GST alone in Alberta and the territories, 13% in Ontario, 14% in Nova Scotia from 1 April 2025, and 15% in New Brunswick, Newfoundland and Labrador and Prince Edward Island. British Columbia, Saskatchewan, Manitoba and Quebec charge GST plus their own provincial tax.

Yes, up to $4,475 of the municipal land transfer tax, the maximum since 1 March 2017. It is separate from Ontario's $4,000 provincial rebate, so a qualifying Toronto first-time buyer can recover up to $8,475 in total. The conditions match the provincial ones: at least 18, a Canadian citizen or permanent resident, no previous home ownership anywhere in the world, and occupancy within nine months of registration.

Taxes fund public services at three levels of government. Federal revenue pays for transfers to the provinces, benefit programmes for families and seniors, defence, debt interest and federal departments. Provincial revenue pays mainly for health care, education and social services. Municipal property tax pays for local services such as roads, water, waste collection, policing, fire and libraries. CPP contributions and EI premiums are separate contributory programmes with their own accounts rather than general tax revenue.

Students cannot deduct residence fees or apartment rent from income, and rent earns no federal credit. What a student can claim is tuition, the interest paid on an eligible government student loan, and moving costs in some situations. Where the province pays a rent-based benefit, Ontario and Manitoba among them, the rent goes on that provincial schedule instead. Filing a return with little or no income still preserves unused tuition amounts and keeps benefit payments flowing.