Expert Tax Accountants in Prince Albert

Property tax bills come from your municipality, not the CRA, so ask the city or town that issued it. Most municipalities let you view, print and download bills and statements through an online property tax account opened with your roll number and address, and will reissue a copy by mail or email on request. If property tax is collected with your mortgage payment, your lender's annual statement shows the amount paid on your behalf.

Sign in to CRA My Account and open the tax returns section, which lists your assessed returns, notices of assessment and reassessment, and carry-forward amounts for earlier years. You can also download a proof of income statement, request a copy by phone, or ask whoever prepared the return for you. Keep your own copy and the supporting records for six years from the end of the tax year they relate to.

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.

Gather your slips and receipts, then use NETFILE certified software and its auto-fill feature to pull in the slips the CRA already holds. Add what the CRA cannot see, such as self-employment income, medical expenses, donations and child care, review the summary line by line, and file electronically. For the 2025 tax year the deadline was 30 April 2026, or 15 June 2026 where you or your spouse were self-employed, with any balance still due 30 April 2026.

A tax return reports a calendar year of income and settles your account with the CRA. You file a T1, list the income from your slips along with any self-employment or investment income, claim deductions and credits, and the return calculates the tax owed. Tax already withheld from your pay is credited against that figure, leaving either a refund or a balance to pay. For the 2025 tax year the deadline was 30 April 2026, and an online return for that year is usually processed in about two weeks.

Deduct what the property genuinely costs you to earn rent: mortgage interest, property tax, insurance, utilities you pay, repairs, condo fees, advertising and management. Capital improvements are added to the cost base rather than deducted. Claiming capital cost allowance defers tax now but is recaptured on a sale. On disposition, one-half of a capital gain is taxable for 2025 and 2026. Ownership shared with a spouse splits the rental income. Keep every invoice and statement.

A refund only arises when the tax withheld and instalments you paid exceed the tax you actually owe. If your employer withheld close to the right amount, or you have self-employment, investment or gig income with nothing withheld, there is nothing to give back. Non-refundable credits cut tax to zero but never below it. Compare the tax deducted on your slips with the total payable on your notice of assessment.

Sometimes. The CRA pays refund interest when it holds your overpayment beyond the point its rules set, broadly the latest of the day after the balance-due date, the day you filed the return, and the day the overpayment arose. No interest is paid on a refund issued promptly after an on-time return, and an online return is usually processed in about two weeks. Refund interest received is itself taxable income.

Saskatchewan residents pay federal income tax plus Saskatchewan provincial income tax, filed together on one T1 return, with the provincial share set by its own brackets and credits. Purchases carry federal GST plus the Saskatchewan provincial sales tax, applied separately rather than blended into a harmonised rate, and businesses register for and remit each one separately. Property tax and education levies are billed municipally. Confirm current rates against the latest provincial budget before quoting them.

Not for 2025 or any later year. Bill C-15, which received Royal Assent on 26 March 2026, did not repeal the Underused Housing Tax Act — the Act remains in force, but the amendments mean no tax is payable and no return is required for 2025 and later calendar years. Returns for the 2022, 2023 and 2024 calendar years were still required, so any unfiled return or outstanding penalty for those years remains live.

Municipal property tax is billed by your city, not the CRA, and most Canadian municipalities let you spread it over instalments or a monthly pre-authorized plan instead of paying two lump sums. Arrangements are made with the city's tax office, and arrears usually carry monthly interest set by by-law. Property tax on your own home is not deductible; on a rental or a qualifying home office it can be claimed.

There is no single cut-off. The Canada Child Benefit starts from a maximum per child and is reduced once adjusted family net income passes a first threshold, at a reduction rate that depends on how many children you have, with a different rate applying above a second threshold. A family with several children can still receive something at a fairly high income, while a one-child family phases out sooner. The CRA's child benefit calculator gives your own figure.