The two main tools you have to work with are:

• every Canadian has a basic personal tax exemption of $6,456
• there are three income tax brackets. The higher the income, the higher the tax bracket

See our section on simple tax planning ideas or talk to your accountant or financial planner.

As we all know are income tax returns must be filed before midnight April 30th. For more information see:

• Revenue Canada
• BDO Dunwoody
• Deloitte & Touche Canada
• Grant Thornton
• Ernst & Young Canada
• H&R Block Canada
• KPMG