CNTower
2023-4-6 02:19:49
Canada income tax are based on income from Jan 1 to Dec 31, HK is based on Apr 1 to Mar 31 (am I correct?)
You have to do an estimate on HK income and taxes paid to HK since you entered Canada. You can file you T1 base on that. If you have to make any adjustments afterwards, you can file a T1 adjustments to fix that.
I recommend you see an accountant in personal. Do you have any assets and in HK? Do you have bank accounts or investments (MPF) in HK earing interest income.
CNTower
2023-4-6 02:21:00
Accountants will not show you why or how to do a T1