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wu-anthony-kh
July 1, 2022
Question

Are taxes deducted automatically each pay cheque? Why do i still owe tax at the end of the year if i only have employment income

  • July 1, 2022
  • 1 reply
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    1 reply

    S
    Shane27
    November 18, 2022

    Yes, taxes are automatically deducted from each pay cheque. If you still owe tax even though you only have employment income, this means that the deducted amount is too low.

     

    Please read this page from Canada Revenue Agency for more information: What you owe or get back  

    For more information on balance owing, please see this link: Line 48500 – Balance owing 

     

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