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  The Canadian tax system is dynamic, which means the more money you earn, the more taxes you pay. The amount of your income that you pay in taxes is expressed as a percentage and goes up in steps, or "brackets." You can do online filing using a CRA-certified software or web application. Before you file taxes online , make sure your information, including your address, is up-to-date. Tax rates ·          Federal Tax Federal tax is calculated by applying a progressive tax rate schedule to taxable income. The rate of tax and pay thresholds in Canada are the same for residents, part-year residents, and non- residents. The thresholds are indexed by the Federal government for inflation prior to the start of each calendar year. You can use the services of one of the many income tax calculator Ontario too that can help you to decide if you can have any sort of tax exemption or what would be the total taxable amount. ·          Provincial and Territorial income taxes The

  Families who have low income in Canada, for the Ontario Trillium Benefit is introduced. In an individual payment, the benefit incorporates 3 tax credits- which are administered by the CRA - Canada Revenue Agency. These are as follows: ·  Northern Ontario energy credit ·  Ontario sales tax credit ·  Ontario energy and property tax credit The service you should look to  File Taxes Online Canada Also, you require to obtain a service gateway that does your corporate filing of taxes. There are organizations online who file your corporate returns for you at fair prices. Not only do these firms file your Corporate Tax Return, but they can also assist you with filings of Source Deductions GST and Annual Reports and other such things. There are various online tax filing programs that help in availing the  Ontario Trillium Benefit   as well. This tax credit is refundable and supports people whose interest is low. This advantage is normally provided for a year every month and based on the inter