How to File Taxes in Edmonton: A Simple Guide

The 2024 federal budget has changed Canada’s capital gains tax rules significantly, making it more important than ever to file your Edmonton taxes correctly. These adjustments were designed to improve tax fairness and boost government revenue, but they’ve also made tax filing more complicated for both individuals and businesses.

BOMCAS Canada has helped clients tackle tax complexities since 2018. We provide personal and corporate tax services throughout Edmonton and surrounding areas, with expertise in personal tax planning, compliance, and preparing various tax forms including T1 and T5.

If you’re wondering how to handle your taxes in Edmonton for 2025, this guide will walk you through everything you need to know. We’ll cover recent tax changes, show you how to maximize your deductions, and help ensure you stay compliant with all requirements. With the right information, you can approach tax season with confidence rather than anxiety.

Understanding the Edmonton Tax Landscape in 2025

Edmonton’s property tax landscape has changed significantly for 2025, with city council approving a 6.1% property tax increase—down from the initially proposed 8.1% hike. This adjustment coincides with substantial changes to Alberta’s provincial tax framework, creating a more complex environment for taxpayers. If you’re planning to file taxes in Edmonton this year, understanding these changes is essential for an efficient filing process.

Recent changes to Alberta tax regulations

The 2025 Alberta budget, presented on February 27, 2025, brings several important changes to the provincial tax structure. Most notably, a new personal income tax bracket of 8% (reduced from the previous 10%) will apply to the first $83,601.61 of income, effective January 1, 2025. This change should provide tax savings of up to approximately $1,045.02 for individual taxpayers in 2025.

The budget also introduces a non-refundable tax credit equaling 2% of the amount by which certain non-refundable tax credits claimed by an individual exceeds $83,601.61. This ensures Albertans who claim substantial tax credits don’t pay more taxes because of the new bracket structure.

A closer look reveals a less obvious impact. Bill 32, which received royal assent on December 5, 2024, created the “Alberta Escalator” that limits the indexation of tax brackets to 2%. This effectively guarantees “bracket creep” when inflation exceeds 2%—a scenario that has been common recently. The good news is that the new tax bracket partially offsets this potential increase for many taxpayers.

Other notable changes include:

• An increase in locomotive fuel tax to $0.09 per liter from $0.08, effective March 1, 2025
• The sunsetting of administration for previously eliminated tax credits on December 31, 2025
• Increased education property tax mill rates for the 2025-26 assessment year

How Edmonton’s tax environment differs from other cities

Edmonton’s property tax structure stands out in several ways compared to neighboring municipalities. In the Capital Region, non-residential mill rates ranged from a low of 10.59 in Leduc County to a high of 20.76 in Edmonton. This means Edmonton’s non-residential mill rate is approximately 69% higher than the median rate in surrounding municipalities and 17% higher than Calgary’s.

Municipal property taxes in Edmonton account for approximately 70% of the total property tax amount. The calculation follows a specific formula:

Municipal tax rate = City Budget ÷ total assessed value of all properties

Your individual municipal property taxes = your property assessed value × municipal tax rate

What makes Edmonton’s approach different is that changes in property values themselves don’t affect the total amount the City needs to fund municipal programs. Instead, if your property’s assessed value changes more or less than the average change citywide, your tax increase will be more or less than the average tax increase.

For 2025, the overall average property value increase in Edmonton is 6.7%. Therefore, if your property assessment increased exactly 6.7%, your tax increase will closely match the approved 6.1% city tax increase. Properties with higher assessment increases will see proportionally higher tax bills.

Another notable difference is that Edmonton has historically exhibited higher non-residential tax rates compared to residential rates. Business tax rates in Edmonton were 2.5 times higher than residential rates, with the municipal-only property tax rate on businesses being almost three times higher than municipal-only residential rates.

Key dates for Edmonton taxpayers in 2025

Edmonton taxpayers should mark these important dates on their calendars:

• January 10, 2025: Property assessment notices begin being sent to property owners
• March 19, 2025: Deadline to file a formal complaint with the Assessment Review Board
• April 30, 2025: Individual tax filing and payment deadline
• June 16, 2025: Self-employed tax filing deadline
• June 30, 2025: Deadline for mortgage lenders to submit property tax payments

For quarterly installment payments, the 2025 deadlines are:

• March 17, 2025
• June 16, 2025
• September 15, 2025
• December 15, 2025

Alberta Child and Family Benefit (ACFB) payment dates for 2025 are:

• February 27, 2025
• May 27, 2025
• August 27, 2025
• November 27, 2025

Understanding Edmonton’s tax landscape requires knowledge of both city-specific property tax calculations and provincial income tax regulations. For many Edmonton residents, the combined impact of a 6.1% municipal tax increase and Alberta’s new 8% tax bracket will shape their overall tax picture for 2025.

Getting Ready to File: Essential Preparations

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Tax season doesn’t have to be stressful if you prepare correctly. When filing taxes in Edmonton, taking time to gather and organize your documents beforehand will save you significant headaches later. Understanding what you need and how to arrange it creates the foundation for a smooth filing process. Let’s look at the essential preparations you should make before tackling your tax return.

Organizing your tax documents and receipts

Accurate tax filing depends on proper documentation. Before you begin, make sure you have these essential items:

• Personal identification information: Your Social Insurance Number (SIN), date of birth, and current address
• Income documentation: T4 slips (employment income), T5 slips (investment income), and statements for other income sources like rental or self-employment
• Deduction and credit records: Receipts for childcare expenses, medical expenses, charitable donations, and tuition documents
• Previous tax information: Last year’s Notice of Assessment, RRSP contribution limits, and any carry-forward amounts

If you’re wondering how to keep track of everything, many Edmonton residents create separate folders for income documents, expense receipts, and investment information. Keeping your tax documents organized year-round makes the filing process much easier. The CRA may ask to see your original paper documents later, so be sure to keep them in a safe place.

If you’re self-employed, save all supporting documents such as receipts and invoices throughout the tax year. This ensures you don’t overlook anything when it’s time to file.

Verifying your personal information with CRA

Making sure your personal information is up-to-date with the CRA is vital for proper identity verification and timely receipt of correspondence and payments. If you’ve moved recently or changed your contact information, update your CRA profile as soon as possible.

You can update your personal information in several ways:

1. Online (immediate processing): Sign in to your CRA account and navigate to the Profile section
2. By phone (immediate processing): Have your SIN, full name, date of birth, complete address, and a tax document ready for verification
3. By mail: Complete Form RC325 (Address and Telephone Number Change Request) and mail it to the address on the form

Many people also update their information when filing their tax return, either on a paper return or electronically through a tax preparer using EFILE. Just remember that you can’t change your address when using NETFILE to file your return.

Don’t forget to verify that your direct deposit information is current. This ensures you receive refunds and benefit payments faster than waiting for paper checks.

Setting up your CRA My Account for Edmonton residents

A CRA My Account gives you secure online access to your tax information and lets you manage many aspects of your tax affairs. For Edmonton residents, this service is particularly valuable during tax season.

To register for a CRA account, you’ll need:

• Your SIN
• Your date of birth
• Amounts you reported on your most recent tax return (from the current or previous year)

The registration follows a two-step process. After entering your personal information, you must verify your identity using one of two options:

1. Document verification service (immediate access): Take a real-time picture of yourself and an accepted government ID using a mobile device
2. CRA security code (access within 10 business days): Request a code be mailed to your address on file

As an extra security measure, the CRA requires multi-factor authentication (MFA) when signing in. You can choose to receive your one-time passcode via an authenticator app, by phone, or using a passcode grid.

Once your account is set up, you can view your tax information, apply for benefits, submit documents, and even use the convenient online chat feature to discuss account-specific issues with a live CRA agent. The Auto-fill my return feature is particularly helpful as it automatically fills parts of your tax return with information the CRA already has available.

If you have questions about filing your return, the CRA offers resources like free tax clinics, online courses about personal income taxes, and the CRA Chatbot available on their homepage.

Personal Tax Returns Filing in Edmonton: Step-by-Step

Filing personal tax returns in Edmonton means following several key steps to ensure you’re compliant and making the most of available benefits. Here’s what you need to know for successful tax filing in 2025.

Determining your residency status

Your residency status has a major impact on your tax obligations in Canada. Before you begin your tax return, it’s crucial to correctly determine whether you’re a resident, non-resident, or deemed resident.

For tax purposes, the CRA looks at your residential ties to Canada, not your immigration status. They evaluate both primary and secondary factors:

Primary residential ties include:

• Having a home in Canada
• Having a spouse or common-law partner in Canada
• Having dependents in Canada

Secondary residential ties consider:

• Personal property (furniture, vehicles) in Canada
• Social ties (memberships in Canadian organizations)
• Canadian driver’s license or passport
• Bank accounts and credit cards in Canada

Not sure about your status? You can file Form NR74 with the CRA if you entered or stayed briefly in Canada. You can also request a determination by filing Form NR73, which asks a series of questions about your circumstances.

Keep in mind that your province of residence for tax purposes depends on where your significant residential ties are located on December 31 of the tax year. This determines which provincial tax rates and benefits apply to you.

Gathering required documents and information

To file your taxes in Edmonton, you’ll need to collect several essential documents. Start with your personal identification:

• Social Insurance Number (SIN)
• Birth dates for you, your spouse, and any dependents
• Your NETFILE access code if filing online

Next, gather all your income-related documents:

• T4 slips (employment income)
• T4E (Employment Insurance benefits)
• T3, T5, T5008 (investment income)
• T4A (other pensions and income)
• Records of any self-employment income

Don’t overlook documentation for deductions and credits:

• RRSP contribution receipts
• Medical expense receipts
• Charitable donation receipts
• Childcare expense receipts
• Tuition slips (T2202)
• Home office expense records if applicable

Finally, have your previous year’s Notice of Assessment and any CRA correspondence handy for reference. Maintaining good record-keeping throughout the year ensures you don’t miss anything when it’s time to file.

Choosing between DIY and professional help

Should you file your own taxes or hire a professional? The answer depends on your specific situation. Filing your own taxes typically saves money and increases your financial awareness as you review your tax situation and spot potential areas for improvement.

However, the DIY approach requires time and carries a higher risk of errors, especially with complex tax situations. DIY works well when:

• Your tax situation hasn’t changed significantly
• You have a straightforward return with standard deductions
• You’re comfortable with tax software or online filing

Professional help makes more sense if:

• You’ve experienced major life changes (marriage, new job, etc.)
• You own a business or have rental properties
• You’ve missed filing in previous years
• You simply lack time or patience for the process

When selecting a professional, check their qualifications and make sure they explain their process clearly. Many Edmonton accountants provide specialized services for both simple and complex tax situations.

Filing deadlines specific to Alberta residents

Missing tax deadlines can result in penalties and interest charges for Edmonton residents. The key dates for the 2025 tax season are:

• February 24, 2025: Earliest day to file taxes online through NETFILE
• April 30, 2025: Deadline for most individuals to file their income tax return and pay any taxes owed
• June 16, 2025: Deadline for self-employed individuals and their spouses to file (extended from June 15 as it falls on a Sunday)

Even if you qualify for the June filing extension as a self-employed individual, any taxes owed must still be paid by April 30, 2025, to avoid interest charges.

If you pay quarterly tax installments, mark these 2025 deadlines in your calendar: March 17, June 16, September 15, and December 15. Missing these dates can lead to unnecessary penalties.

Filing early has several advantages, including faster processing of any refunds and more time to address potential issues. For a smoother process, consider using CRA-certified tax software or contacting a qualified Edmonton accounting firm.

Maximizing Your Tax Benefits as an Edmonton Resident

If you’re looking to reduce your tax burden in Edmonton, knowing which specific tax benefits apply to your situation can make a significant difference. Alberta offers several unique tax advantages that can put more money back in your pocket when you file correctly.

Alberta-specific tax credits and deductions

Alberta currently maintains one of the most competitive tax structures in Canada, with residents paying the lowest overall taxes in the country. For the 2025 tax year, there’s good news – Alberta has introduced a new tax bracket with an 8% rate (down from 10%) for the first $83,601.61 of income. To make sure this change doesn’t negatively affect those who claim substantial tax credits, a supplemental tax credit was created, calculated as 25% of the amount by which certain non-refundable tax credits exceed $6,688.13.

If you have children, don’t overlook the Alberta Child and Family Benefit (ACFB). This non-taxable benefit replaced earlier programs and provides quarterly payments to eligible families. The benefit is quite substantial – starting July 2024, maximum benefits range from $2,046.85 base component plus $1,047.81 working component for one child, up to $3,674 plus $1,982 for families with four or more children. You’ll receive payments in August, November, February, and May.

When it comes to charitable giving, Alberta stands out from other provinces. Alberta offers a generous 60% tax credit rate for the first $278.67 of donations (up from the previous 10%), making even small donations more valuable. For donations above this amount, the rate remains at 21%.

Municipal property tax considerations

Edmonton property owners will face a 6.1% tax increase in 2025, which is actually lower than the initially proposed 8.1% hike. What does this mean for your wallet? For the average Edmonton home assessed at $627,012.09, the 2025 property tax bill will be approximately $5,099.70.

You have several payment options as an Edmonton resident. The Property Tax Monthly Payment Plan lets you spread payments over the year through pre-authorized automatic bank withdrawals. Another option is to add property taxes to your mortgage payments through your lender. Just remember that mortgage lenders submit payments by June 30, though processing may take up to 15 business days.

Some property owners may qualify for tax exemptions or relief. These include:

• Seniors Property Tax Deferral Program allowing eligible seniors to defer property taxes
• Affordable Housing Tax Grant for qualifying properties
• Heritage Non-Residential Property Tax Exemption for buildings undergoing rehabilitation
• Retroactive Municipal Tax Relief under Council Policy C607B for specific circumstances

Edmonton energy efficiency rebates and credits

If you were hoping to access Edmonton’s Home Energy Retrofit Accelerator program (HERA), I’m afraid there’s disappointing news – it’s now fully subscribed and no longer accepting new homeowner enrollments or rebate applications. This program previously offered rebates for energy efficiency upgrades including high-efficiency furnaces, insulation, and windows.

Similarly, the City of Edmonton’s Clean Energy Improvement Program has reached capacity for the current intake and is not accepting applications. The good news is that this program will reopen for another round of applications in May 2025.

Despite these local program limitations, you can still access federal incentives. The Government of Canada’s Greener Homes Initiative offers grants and interest-free loans for energy efficiency upgrades and renewable energy systems. This program provides valuable benefits for homeowners looking to improve their property’s energy efficiency.

One advantageous feature worth noting – rebate stacking is permitted with other energy efficiency incentive programs, to a maximum of 100% of the total investment. This means you can combine federal and provincial programs when available to maximize your benefits.

Corporate Tax Returns Filing in Edmonton: Business Essentials

Businesses operating in Edmonton face different tax requirements than individual taxpayers. Alberta’s corporate tax environment remains among the most competitive in Canada, offering entrepreneurs significant advantages while still maintaining specific compliance obligations.

Small business tax obligations in Alberta

Alberta maintains the lowest corporate tax rates in Canada, with a general rate of 8%. Small businesses benefit even more – those with active business income below CAD 696,680.10 pay a reduced rate of just 2%. When combined with the federal rate of 15%, Alberta businesses face a total corporate income tax rate of 23%.

Canadian-Controlled Private Corporations (CCPCs) receive particularly favorable treatment in Alberta. A CCPC that claims the Alberta small business deduction and has taxable income of CAD 696,680.10 or less doesn’t need to pay monthly tax installments and can defer its total tax payment until the end of the third month following its taxation year. This significantly improves cash flow for qualifying small businesses.

Corporate filing deadlines and extensions

Your corporation’s fiscal year-end determines your filing deadlines. Businesses must submit their Alberta Corporate Income Tax Return (AT1) within six months after the end of each tax year. For example:

• If your tax year ends March 31st, your filing deadline is September 30th
• If your tax year ends August 31st, your deadline is February 28th
• If your tax year ends on a non-month-end date like September 23rd, you must file by March 23rd

It’s important to note that payment deadlines differ from filing deadlines. Most corporations must pay their taxes in monthly or quarterly installments throughout the year, with any remaining balance due within two months after the tax year-end. CCPCs meeting specific criteria can extend this payment deadline to three months after year-end.

Some corporations get additional breaks – those with tax payable of CAD 4,180.08 or less may be exempt from installments, allowing them to pay their taxes as a lump sum by the balance-due date. First-year corporations cannot pay in installments and must remit their entire tax amount by the balance-due date.

Record-keeping requirements for Edmonton businesses

All Edmonton businesses must maintain proper records. Your records should include:

• Accounting information and financial documents
• Tax returns and supporting materials
• Corporate records such as shareholder meeting minutes
• Sales receipts, contracts, and bank statements

While records should typically be stored at your principal place of business, TRA does permit Alberta taxpayers to maintain records elsewhere in Canada. The retention period varies based on record type – permanent records (like articles of incorporation) must be kept for two years after dissolution, while non-permanent records typically require six-year retention from the end of the last taxation year to which they relate.

If you prefer digital storage, paper documents can be converted to electronic format as long as backup copies are maintained. These backup copies should be stored at a separate location protected from hazards like magnetic fields, direct light, and excessive moisture.

GST Returns Filing in Edmonton: What You Need to Know

Many Edmonton business owners find GST requirements confusing, but understanding and complying with these rules is essential to avoid penalties. Alberta has a unique advantage as the only province without a provincial sales tax, which makes GST calculations more straightforward with just a single 5% federal rate.

When Edmonton businesses need to register for GST

Your business must register for GST once worldwide revenue exceeds CAD 41,800.81 in either:

• A single calendar quarter, or
• Four consecutive calendar quarters

After crossing this threshold, you need to start charging GST right away, even if you were previously operating as a “small supplier.” Don’t delay – registration must be completed within 29 days of exceeding the threshold. Some businesses may actually benefit from registering voluntarily before reaching this threshold, primarily to claim input tax credits (ITCs) on their business purchases.

Calculating and reporting GST for Alberta businesses

If your reporting period begins after December 31, 2023, you’ll need to file returns electronically, as this is now required for virtually all GST registrants. The formula most businesses use to calculate their GST remittance is straightforward:

GST collected from customers − eligible ITCs = net tax payable

How often you need to file depends on your business size:

• Monthly: Required for businesses with over CAD 6 million in annual taxable supplies
• Quarterly: Standard for most small-to-medium businesses
• Annual: Available for businesses with under CAD 1.5 million in taxable supplies

If you run a small business, you might qualify for the Quick Method of accounting, which offers a simplified GST calculation. This option is available to companies with annual worldwide taxable supplies under CAD 557,344.08.

Common GST filing mistakes to avoid

One of the most common errors businesses make is waiting too long to register for GST after exceeding the threshold. Another frequent mistake is charging incorrect GST rates for customers in different provinces.

When it comes to input tax credits, businesses often make calculation errors by claiming:

• GST paid on personal expenses
• GST for purchases used to make exempt supplies
• Full GST on restricted expenses like meals and entertainment (when only 50% is actually claimable)

Record-keeping problems can create serious headaches during CRA reviews. You must maintain supporting documents for all GST transactions, even though you don’t submit these with your returns. Filing or paying late brings unnecessary penalties and interest charges, which can add up quickly in today’s interest rate environment.

To stay on the right side of GST requirements, maintain accurate records, use CRA-certified accounting software, and consider getting professional guidance for more complex situations.

Navigating Complex Tax Situations in Edmonton

Some tax situations require special attention when filing in Edmonton. Understanding the nuances of these more complicated scenarios can help you avoid costly mistakes and make the most of available benefits.

Self-employment and gig economy considerations

If you’re self-employed in Edmonton, you must report all income earned through independent work, including cash and barter transactions. Unlike traditional employees, you’ll need to complete Form T2125 (Statement of Business or Professional Activities) with your tax return.

The 2025 tax filing deadline for self-employed Canadians is June 16, though any taxes you owe still need to be paid by April 30 to avoid interest charges. You should also be aware that you’re responsible for both the employee and employer portions of CPP contributions, currently totaling 11.9% of your income up to a maximum of CAD 10,777.64 in 2024.

One advantage of self-employment is that eligible business expenses can significantly reduce your taxable income. Just make sure you keep detailed records of all transactions, as the CRA requires documentation to support any deductions you claim.

Rental property income reporting

Do you own rental property in Edmonton? All rental income must be reported using Form T776. This includes all payments received—whether cash, cheques, or payments in kind.

When reporting expenses, you can deduct reasonable costs related to earning rental income. If you’re renting part of your primary residence, expenses must be proportionally allocated based on the rental area’s square footage or number of rooms.

You can claim capital cost allowance (CCA) on rental properties, but remember that it cannot be used to create or increase a rental loss. This is an important distinction that many property owners overlook.

Investment income and capital gains

The 2025 update maintains a 50% capital gains inclusion rate, meaning only half of your capital gains are taxable. For example, if you sell stocks for CAD 10,000 more than you paid, only CAD 5,000 is added to your taxable income.

When calculating capital gains, you’ll need to determine your adjusted cost base (ACB)—the original purchase price plus any acquisition fees. The taxable gain is simply the difference between your selling price and this ACB.

Foreign income and assets declaration

Edmonton residents must report all worldwide income regardless of where it comes from. If you own foreign property with a total cost exceeding CAD 139,336.02, you must file Form T1135 (Foreign Income Verification Statement).

Specified foreign property includes offshore bank accounts, foreign investments, and non-resident trusts. Don’t overlook this requirement—penalties for failing to report can be substantial. Form T1135 is due on the same date as your income tax return.

How BOMCAS Canada Accountants in Edmonton Can Help

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When tax season feels overwhelming, having professional guidance can make all the difference. BOMCAS Canada brings over 15 years of specialized accounting and tax expertise to Edmonton residents, offering solutions tailored to your specific financial situation.

Professional tax preparation services

BOMCAS handles both personal and corporate tax filing needs throughout Edmonton and Sherwood Park. Their qualified team excels in:

• Complete return preparation – Their tax experts carefully prepare your documents, making sure everything is properly organized to maximize your eligible deductions and credits
• Documentation management – You simply provide your tax forms and documentation, and the BOMCAS professionals take care of the rest, from preparation to filing
• Expertise in complex situations – Their accountants understand what can complicate your return, whether it’s self-employment income, investment earnings, or rental properties

Using BOMCAS’s knowledge of tax laws and benefits gives you peace of mind that your taxes are done correctly, and may even result in larger refunds thanks to their thorough approach.

Year-round tax planning and consultation

Filing taxes isn’t just a once-a-year event, and BOMCAS understands this. Their team provides ongoing monitoring and support, adjusting your tax strategy as your financial situation changes. This proactive approach helps you make better decisions throughout the year that can significantly reduce what you owe at tax time.

Their tax planning services include finding tax-saving opportunities, optimizing your deductions, and making sure you benefit from all available tax advantages. If you own a business, BOMCAS offers strategic advice on corporate structures and helps you stay compliant with the latest tax regulations.

Audit support and representation

Getting audited by the CRA can be stressful, but BOMCAS provides professional support throughout this challenging process. Their team can review your documentation, prepare responses to tax authorities, and ensure you meet all audit requirements.

If you’re currently being audited or think you might be at risk, BOMCAS can represent you directly, dealing with CRA auditors on your behalf. This representation helps minimize potential penalties and protects your rights throughout the process.

Virtual and in-person service options

Not everyone wants to meet in person, which is why BOMCAS offers flexible service options. You can access their expertise through convenient virtual consultations or traditional in-person meetings at their Edmonton and Sherwood Park offices.

Their online accounting services use secure digital technology to help clients across Edmonton and surrounding areas. This approach combines modern convenience with personalized attention, ensuring you receive dedicated support whether you prefer to meet face-to-face or connect online.

Conclusion

Tax filing for Edmonton residents has become more complex with recent changes, particularly the new 8% tax bracket and 6.1% property tax increase. These adjustments require careful attention to documentation, deadlines, and available benefits.

If you’re filing personal taxes, you’ll need to track various income sources, deductions, and credits while staying current with Alberta-specific programs. Business owners face additional responsibilities, including GST compliance, corporate tax obligations, and proper record-keeping requirements.

Complex situations like self-employment, rental properties, or foreign income demand extra diligence. Contact BOMCAS Edmonton Accountants today to have your taxes filed correctly and on time. Their expertise helps maximize your returns while ensuring full compliance with current regulations.

Remember that smart tax planning extends beyond just annual filing. Staying informed about tax law changes, maintaining accurate records throughout the year, and seeking professional guidance when needed will help secure your financial future. Early preparation and proper documentation remain key to successful tax filing in Edmonton.

FAQs

Q1. When does tax filing season begin in Edmonton for 2025? Tax filing season in Edmonton for the 2025 tax year begins on February 24, 2025. This is the earliest date you can file your taxes online through NETFILE.

Q2. What are the key tax deadlines for Edmonton residents in 2025? The main tax deadlines for Edmonton residents in 2025 are April 30 for most individuals to file their income tax return and pay any taxes owed, and June 16 for self-employed individuals and their spouses to file (extended from June 15 as it falls on a Sunday).

Q3. How has Alberta’s tax structure changed for 2025? Alberta introduced a new tax bracket with an 8% rate (reduced from 10%) for the first $83,601.61 of income. Additionally, a supplemental tax credit was created to offset potential impacts of this change.

Q4. What property tax changes should Edmonton homeowners expect in 2025? Edmonton property owners will see a 6.1% tax increase in 2025. For the average Edmonton home assessed at $627,012.09, the 2025 property tax bill will be approximately $5,099.70.

Q5. Are there any energy efficiency rebates available for Edmonton residents in 2025? While local programs like HERA are currently fully subscribed, Edmonton residents can still access federal incentives such as the Greener Homes Initiative, which offers grants and interest-free loans for energy efficiency upgrades and renewable energy systems.