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What are CRA rules on tips?

In Canada, the amount you earn in tips and gratuities is considered to be income, and you must report all of it on your tax return. How you report your tips and gratuities depends on whether you receive them directly, or through an arrangement with your employer.

What are the 6 tips to help you get prepared to file your tax return?

Eight things to remember at tax time File your tax return. Make sure you claim tax credits and deductions. Report all your income. Make valid claims. Take advantage of free tax software. Get free tax help. File and pay on time. Keep receipts and records.

How can I lower my taxes in Canada?

So here are some tax tips to help you do just that. Keep complete records. File your taxes on time. Hire a family member. Separate personal expenses. Invest in RRSPs and TFSAs. Write off losses. Deduct home office expenses. Claim moving costs.

How can I get a bigger tax refund in Canada?

Its pretty easy to increase your tax refund: just pay more tax! You can fill out Form TD1 to get your employer to increase the amount of tax collected. Otherwise, you will have to increase your refund by decreasing your taxable income through using deductions or by decreasing your tax payable through using credits.