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Tax-confusion fuels a sense of uncertainty as Canadian filing deadline looms

TechBomb: 'Tax-confusion fuels a sense of uncertainty as filing deadline looms; three-in-ten (29%) Canadians report relying on a tax refund after tough financial year – but 40% report having ‘no idea’ whether they will owe money or receive a refund

  • 50% of Canadians are concerned about the upcoming tax season in case they owe money

  • 52% state their financial or employment situation was negatively impacted in 2021

  • 34% report dreading this tax season more than usual

  • 20% received COVID-19 related government benefits in 2021

  • 56% of Canadians say they are not confident they know how to maximize their tax refund'

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