One of the things that you need to consider when moving to a new country or province is whether or not the grass really is greener on the other side. It is not too difficult to assess housing costs, standard of living, lifestyle, job prospects and so on but to figure out how much net income you will earn after paying the tax man is a little more difficult to estimate. Hopefully the information on this page will help...
General Information on the Canadian tax system
Questions to ask yourself and documentation you will need
Tax considerations for potential immigrants
For people already settled, living and working in Canada there are a number of ways in which prudent tax planning and professional advice can save you money by making the most of allowable right offs, tax free savings plans and other provincial and federal tax breaks. Many Canadians find filing their taxes using specialist tax software such as NetTax makes self service a viable option for the annual tax return while others still prefer to enlist the help of an accountant or tax firm to get it done right. Filing taxes online (either yourself or via your tax professional) using the net-file system also means that any refund due to you will be deposited speedily to your account by Canada Revenue Agency. For more information about your tax filing obligations and important dates visit Canada Revenue Agency.