Nexora CPA

Personal tax

Personal tax returns, done properly.

T1 returns for individuals and families in Vancouver and across BC,
prepared and reviewed by a CPA.

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What's included

Returns we prepare.

Employment income

Straightforward returns with T4 income, deductions and credits claimed correctly.

Investments

Interest, dividends, capital gains and trust income (T3, T5 and T5008 slips).

Rental and self-employment

Rental schedules and business income (T2125), with the expenses that belong on them.

Foreign property

T1135 reporting when your foreign property costs more than $100,000 in total.

Final and estate returns

Date-of-death returns and trust (T3) returns for estates.

CRA letters

Help answering CRA review letters and requests for documents.

Deadlines

Key dates.

April 30
Filing deadline for most individuals, and the payment deadline for everyone.
June 15
Filing deadline if you or your spouse are self-employed. Any balance owing is still due April 30.

Guide

Personal tax in Canada: what to know each year.

Most personal returns are straightforward once you know which slips to expect and which credits apply. Here's what we look at for every client.

Slips to gather

  • T4 for employment income
  • T5 and T3 for investment income
  • T5008 for securities sold
  • T4A for pensions or fees
  • RRSP and FHSA contribution receipts
  • Tuition, medical and donation receipts

Savings accounts

RRSP contributions reduce your taxable income, and contributions made in the first 60 days of the year can count for the previous year. A First Home Savings Account gives you a deduction on the way in and tax-free withdrawals for a first home purchase. TFSAs don't give a deduction, but growth and withdrawals are tax-free.

Selling your home

A gain on your principal residence is usually tax-free, but the sale must still be reported on your return. Missing the designation can lead to penalties, so tell us if you sold a home during the year.

Common credits and deductions

  • Childcare expenses
  • Medical expenses above the threshold
  • Charitable donations
  • Moving expenses for a new job or school
  • Home office expenses for eligible employees

Deadlines

  • April 30: filing and payment deadline for most people
  • June 15: filing deadline if you or your spouse are self‑employed
  • Any balance owing is still due April 30
  • Instalments: March, June, September and December 15, if required

Have a question about your situation?

Book a call

Working with us

In person in Vancouver, or by video from anywhere in BC.

01

Start with a short call

We learn what you need and give you a quote upfront.

02

Connect securely

You authorize us with the CRA and share documents through our secure client portal.

03

We do the work

Your file is prepared and reviewed by a CPA, with questions sent as they come up.

04

Review together

We walk you through the results by phone, video, at our office or wherever suits you.

Questions

Common questions.

Can you file my return if I'm not in Vancouver?

Yes. You authorize us with the CRA online, upload documents to our secure portal and we handle the rest.

Can you prepare my spouse's or parents' returns too?

Yes. Preparing a household's returns together makes sure credits and transfers are claimed in the right place.

I missed past years. Can you catch me up?

Yes. We file the outstanding years and explain any penalties or interest before we start.

Do I need to report foreign accounts?

Yes, if foreign property costs more than $100,000 in total, on a T1135 form.

What if I can't pay what I owe?

File on time anyway to avoid the late-filing penalty. Interest still applies to the balance.

Ready to hand it off?

Book a call