Your First Tax Return — And Why It Might Pay You
The word "taxes" sounds like something that takes money from you. For most newcomers and students, filing your first return actually puts money back — and it's simpler than you fear.
Why filing is worth it — even on low income
Here's the part most newcomers don't realise: in Canada, you don't only file taxes because you owe money. You file to claim what's owed to you. Filing a return — even with little or no income — is how you unlock the GST/HST credit, provincial credits, and tuition amounts you can carry forward. Skip it, and you simply leave that money with the government.
For a student or new worker with modest first-year income, that often means a refund or benefit payments, not a bill. The system can feel intimidating from the outside, but the actual filing — with the right tool — takes most people under an hour.
The one date to remember
File by April 30 for the previous year. Filing on time keeps your benefit and credit payments flowing without interruption — and avoids interest if you do happen to owe.
What you'll need
- Your SIN (Social Insurance Number) — or an ITN if you're not yet eligible for a SIN.
- T4 slip from any employer (your statement of income — they send it by end of February).
- T2202 tuition certificate from your school, if you studied.
- Your arrival date in Canada — your first-year return uses it.
- A bank account for direct deposit of any refund or credits — see our banking guide.
A pay-what-you-want, NETFILE-certified online tax tool that walks you through everything in plain language — popular with students and newcomers.
- File for free (optional tip)
- Beginner-friendly, step-by-step
- NETFILE-certified — submits straight to CRA
- Auto-fills slips once your CRA account is linked
- Very complex situations may want an accountant
A well-known paid option with strong guidance and support tiers if you want extra reassurance on a trickier return.
- Polished, guided experience
- Free tier for simple returns
- Paid tiers add expert help
- Costs more than free tools for added features
If your income is modest and your taxes are simple, CRA-supported volunteer clinics (CVITP) will file for you, free.
- Real human help, no cost
- Great for first-timers
- Run on campuses & community centres
- Eligibility limits & seasonal availability
Frequently Asked Questions
Honest answers for your first Canadian return.
Do international students need to file?
What's the deadline?
Is Wealthsimple Tax really free?
Can I get money back on low income?
Do I report foreign income?
File it — and claim what's yours
Most newcomers finish in under an hour with a free tool, and many get money back. Set up a bank account for your refund first.