INFOGRAPHIC: JESS TSANG

A student’s guide to filing your taxes

In Business & Technology /

By Pamela Johnston

Infographic_taxes(cs4)

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It’s that time of year again! Gather your receipts, employment and education records because it’s time to file your tax returns. Don’t worry, The Eyeopener 
 has everything you need to know about claiming your expenses. If, after reading this, you still find the whole concept of a tax return too hard to grasp, you can go to the tax clinics organized by the Ryerson Students’ Union(RSU). They are held throughoutMarch up until April 3. Members of the RSU and Continuing Education Students’ Association of Ryerson (CESAR) can use Ufile.ca to file their taxes.
Remember, the deadline to file individual returns to the CanadaRevenue Agency (CRA) is April30. If you file late, you will be fined five per cent of what you owe from2013 and one per cent of that balance for each late month. So get off your ass and git ‘er done.

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