Canadian Residents: April 30 Tax Deadline, Worldwide Income Taxable
Canadian residents, regardless of immigration status, must file their income tax returns by April 30, 2025. This includes temporary residents like foreign workers and international students. Worldwide income is taxable, and benefits can be claimed even if filing isn't legally required.
Filing can be done on paper or online, using software or a professional. Benefits such as the Canada Carbon Rebate, Canada Child Care Benefit, and GST/HST Credit can be accessed by filing a return. Residents must file if they earned over $3,500, disposed of capital property, or had other specific situations in 2024.
New arrivals in Canada can apply for certain benefits in their first year. Tax residency is determined separately from immigration status. Worldwide income is taxable, so if you lived in Canada in 2024 and earned income in Germany, you may need to file a German tax return in 2025. A tax advisor can help clarify complex cross-border situations.
The deadline for filing 2024 income tax returns is April 30, 2025. Residents should file to pay tax, claim benefits, or meet legal requirements. Newcomers can access benefits in their first year. If you earned income abroad while living in Canada, you may need to file a foreign tax return.
