Canadian Tax 101 For New Immigrants
A four-part video series that aims to help you get started on the right footing with Canadian taxes.
New to Canada? Or you’ve got a few years under your belt and still find all the tax lingo a bit confusing? We created this four-part video series with you in mind, with the help of the folks at Dexteritas Tax Consulting.
Part 1: The Basics of Canadian Taxes For New Immigrants
Here, Dotun Ayodele Bamisaiye, Principal at Dexteritas shares why you need to take filing your taxes seriously.
In subsequent videos, we'll explore:
Your taxable income streams.
Basic tax credits and deductions available to newcomers and how to take advantage of them when filing your taxes.
And all you need to know about tax compliance.
Part 2: A Basic Guide To Your Taxable Income Streams
Wondering how each type on income stream is taxed in Canada? In this video, Dotun breaks down everything you need to know about how different types of income are taxed and what it means for your financial planning.
In this video, you'll learn:
Common income streams for new immigrants, including employment, business income, and investments.
How each type of income is taxed in Canada.
Part 3: A Basic Guide To Tax Credits & Deductions
So what's the difference between tax credits and deductions? Here, we explore some of the best opportunities you have to reduce your tax bill.
In this video, you'll learn:
Why tax credits and deductions matter in financial planning.
Common tax credits and deductions available to newcomers in Canada.
And how to take full advantage of these benefits.
Part 4: A Basic Guide To Tax Filing & Compliance
In the final video of our Canadian Tax 101 series, Dotun shares all you need to know to tackle tax compliance and filing.
In this video, you'll learn:
How to ensure you stay compliant as a new immigrant in Canada.
Common mistakes to avoid when filing your tax return.
And best practices for a smooth filing experience.
If you’ve got more questions after watching these videos, you can book a free consultation with Dotun Ayodele-Bamisaiye. He’s always excited to talk about all things tax and tax planning.
