Start your tax journey in Canada today!
Get a refund
Even if you did not earn enough money to be taxable, You will still get back any tax that was withheld.
The CRA receives copies of forms such as your T4 (employment income) from your employer. If you earned income and paid taxes, the CRA has a record of it.
Canada Child Tax Benefit
You will start receiving benefits for qualifying dependents (such as the Canada Child Tax Benefit).
You begin building your RRSP contribution limit.