How Is Salary Calculated and Paid in Canada?
If you're an employee in Canada, your employer will issue paychecks with taxes already deducted and any applicable credits applied.
This means your salary after tax is automatically calculated for you.
Just remember that the deductions are based on a form you filled out at the time of your employment: the
TD1 Personal Tax Credits Return.
You can request additional tax deductions through the Canada Revenue Agency (CRA).
When it's time to file your taxes, you can submit your return using any CRA-approved software, through a tax representative,
or by manually completing a paper form.
If you're traditionally employed, the filing deadline is April 30th, but self-employed earners have an extension to June 15th.