Debt Solutions

We are committed to helping you find the best solution for your debt problems. Do you have unfiled tax returns? Has the Canada Revenue Agency (“CRA”) created a tax debt for you without the proper information? Relax we deal directly on your behalf with the Canada Revenue Agency. We review your returns and we assist […]
Business Registration Services

Start a new business is not an easy endeavour, and it’s a fact that you will have a lot of tasks to complete. You know that start your own business is your goal, but you don’t know all the requirements that you have to accomplish or you lack the skills to manage all the process. […]
Accounting Services

Whether you need to apply an accounting services for the first time or you need to upgrade your current service, Mastertax Financial Services is your solution. We are here to help. We are experts in accounting solutions for individuals, professionals, entrepreneurs, small business and corporations. Your success and satisfaction is our big goal. Our services […]
Income Tax Services

In Mastertax we know that prepare your income tax returns is not an easy task, so we offer in-depth tax services that solve your problems properly and on time. If you need more information about how we can help you, we invite you to Get in touch with us to set up a free consultation […]
Customer Appreciation Day

If you were a deemed resident of Canada in 2018.

If you were a deemed resident of Canada in 2018, you have to report your income from all sources, both inside and outside Canada. — Amounts that are not taxed in Canada —You do not have to report certain amounts as income,including all of the following:■ any GST/HST credit and CCB payments■ child assistance payments and […]
Mastertax, your business partner.

MASTERTAX is the business partner you have been looking for. Not all Canadians are familiar with federal Income tax regulations and the complex tax system that keeps changing time after time or how to file personal or business tax returns. At MASTERTAX, We are experts in Canadian Taxation and we love to help our clients, […]
2019 Canadian Federal Tax Rates

How much tax you’ll pay is determined by where you live in Canada, In Ontario we pay additional tax rates – – 5.05% on the first $43,906 of taxable income – 9.15% on the next $43,906-$87,813– 11.16% on the next $87,813-$150,000 – 12.16% on the next $150,000-$220,000