Town of Banff

Income Taxes

“A charge levied by the government on the people in order to raise public funds.”

"Alberta has the lowest taxes in Canada, and we're going to keep it that way.”
Pat Nelson,
Alberta Minister of Finance
March 19, 2003

Alberta has no general sales or payroll taxes, the lowest fuel tax in Canada, and among the lowest school property taxes, personal income taxes, and corporate taxes in Canada.

Albertans can proudly claim the lowest overall tax burden in the country …when you move to Banff you will find that we have no provincial sales tax, so you pay only the 6% GST (which is charged in all provinces – you can’t escape it!) on goods and services.  So by moving to Alberta you save on every purchase you make – except if you come from Northwest Territories, Nunavut, or the Yukon where there is no Provincial sales tax either!

If you are a student you can ask your employer to withhold the tax contribution that normally comes off your paycheque automatically and is submitted to the CRA (Canada Revenue Agency).  That way you will have more $$$ for school upfront and will not have tax deducted that you will most likely get back later anyway!

More Questions?

The Canada Revenue Agency has a very helpful website that can answer many questions and help you get a tax return package and file your return online…. the site also lets you know when you can expect your refund!  Anyway for further information, click on the links below!

http://www.ccra-adrc.gc.ca/

How to get a tax return package

What to report as income

What to claim on your tax return

How to send us your tax return

Due date for sending us your tax return, and different balance owing due dates

When to expect your refund

How to change your address