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whoaitsailsa

Newbie
Mar 9, 2012
1
0
Hello,

So I came to Toronto on August 30th 2011, and have therefore been resident in Canada for less than 183 days. I made $5000 whilst in Canada in 2011, and made £5000 in the UK also during 2011.

HOWEVER, I do have significant ties to Canada which consist of the following...

- An apartment I have been renting since September 9th 2011.
- A Canadian Bank Account and Credit Cards.
- Furniture.
- Full Time Employment since September 26th 2011.

To counteract that, I also have the following back home in the UK...

- UK Bank account.
- Several Credit Cards.
- A place to live (although it is with my parents).
- Furniture.
- Belongings such as clothing, personal items.




So my question is - What do I file as?!
Am I resident or non-resident?

Also, which one is more advantageous? Will I get more money back from the Canadian Government as a resident or non-resident?
 
You would file as a part year resident, listing August 30, 2011 as your first date of residency. The computations are a bit complicated but any decent tax package can ask the questions and do the math properly for you (which pro-rates things and asks you about all of your income, etc.) Canada and the UK have a tax treaty, so you will avoid double taxation of income (ergo, you can claim the tax you paid one jurisdiction in computing what you owe the other jurisdiction.)