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Should I take a part-time job with a study permit?

Y

yashiharu

Star Member
Jun 13, 2018
117
9
I know it is allowed to do so.
But in terms of taxation, should I do it?
and when should I file my 1st tax? finished the course or based on calendar year?

thx
 
C

canuck78

VIP Member
Jun 18, 2017
52,969
12,771
yashiharu said:
I know it is allowed to do so.
But in terms of taxation, should I do it?
and when should I file my 1st tax? finished the course or based on calendar year?

thx
Click to expand...
Personal choice whether you work. Tax years are January to December and taxes are due May 1st. Next May taxes are due forJanuary to December 2019. If you were in Canada for more than 6 months last year you need to file your taxes. You also need to declare your international income.
 
Y

yashiharu

Star Member
Jun 13, 2018
117
9
Thanks.

I got advises from others said that "you better file your tax after receiving WP" & "just don't work part-time even better" due to the complexity of taxation.
I am going to study for more than 6 months, so the best approach is to file the tax before May 1st? (the end of 2nd sem)
 
C

canuck78

VIP Member
Jun 18, 2017
52,969
12,771
yashiharu said:
Thanks.

I got advises from others said that "you better file your tax after receiving WP" & "just don't work part-time even better" due to the complexity of taxation.
I am going to study for more than 6 months, so the best approach is to file the tax before May 1st? (the end of 2nd sem)
Click to expand...
When did you start working?
 
C

canuck78

VIP Member
Jun 18, 2017
52,969
12,771
you can work the 20 hours per week and more during scheduled breaks. You just have to pay taxes. You likely won’t make enough to pay taxes.
 
Y

yashiharu

Star Member
Jun 13, 2018
117
9
canuck78 said:
you can work the 20 hours per week and more during scheduled breaks. You just have to pay taxes. You likely won’t make enough to pay taxes.
Click to expand...
That's my concern:
My financial status (credit) will still look good even I didn't pat any tax for the year of work?
 
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