Tax Basics
What is the name of the government agency that collects federal taxes in Canada?
What is the Canada Revenue Agency (CRA)?
What slip shows how much you earned and how much tax was taken off?
What is a paystub?
What form do most Canadians use to file personal income taxes?
What is a T1?
What is Harmonized Sales Tax?
You must be 18 to file taxes in Canada?
What is False?
Tax on the money you earn
What is income tax?
What form do you get after the year ends to report your total income and deductions?
What is a T4?
What CRA service lets you file taxes online?
What is NETFILE?
What is the HST rate in Ontario?
What is 13%?
If you made under $15,000, you don't have to file taxes
What is True? But it is a good idea to file anyway
What is about $15,000?
What's the difference between gross pay and net pay?
What is Gross = before deductions and net = after deductions?
What is My Account on the CRA website?
What is your personal online tax portal?
Name one item that does not have HST in Ontario?
What is basic groceries, kids clothes, books?
You can file your taxes online using free software
What is True?
Why do you still get tax taken off your paycheque even if you make under $15,000?
What is "just in case - you might owe later or get a refund?"
Can a 15 year old in Ontario be taxed on their income?
What is yes, if they earn enough?
What is the deadline to file personal taxes each year?
What is April 30th?
If something costs $20, how much HST will be added?
You only pay HST on big purchases like cars
What is False?
What are CPP and EI deductions?
What are Canada Pension Plan and Employment Insurance?
Name one reason a teen should still file a tax return, even if they earned little
What is to get a refund or build RRSP room?
If you file late and owe money, what happens?
What is you'll pay a penalty and interest?
What is the tax credit that helps low-income individuals pay for HST?
What is the GST/HST Credit?
Filing taxes helps you qualify for future benefits?
What is True?