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Canada's Exit Tax

Here's where to discuss the practicalities and issues involved in moving back to the UK.

Canada's Exit Tax

Postby tina123 » Wed 13 Feb 2013 00:39 GMT

I plan on returning to the UK for good from Canada this year. In Canada you are supposed to file an exit tax return based on an estimate of what assets and income for the year you are leaving.

Does anyone know what will happen if I don't file? Will it affect my taxes in the UK or can Canada retrieve any taxes owing if any, from me in the Uk

Answers from anyone that left Canada would be greatly appreciated.
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