Ruby Tax prepares personal (T1) tax returns from $50, for clients in North York, Toronto and across Canada. Self-employment, rental and investment returns are quoted as a flat fee in writing before any work starts.
A simple return is quick and cheap, and you may not need us for it. The returns worth paying a professional for are the ones with something extra going on: self-employment income, a rental property, investments, a move between provinces, or a few years you did not get around to filing. That is most of what we do.
What we handle
- Employment income and standard credits
- Self-employed and gig income (T2125)
- Rental property income and CCA decisions
- Capital gains, dividends and investment income
- Students, newcomers and part-year residents
- Multi-year catch-up filing
- CRA reviews and reassessment responses
What it costs
Personal returns start at $50. Self-employment, rental or investment schedules add to that depending on how much is involved. You will know the price before we start.
Behind on a few years?
Filing several years at once is routine work for us. It is usually the fastest way to stop interest compounding, and it releases refunds and benefit payments you may be owed for those years but never received. Nobody here is going to lecture you about it.
You do not have to come in
Most clients send their slips electronically and we handle everything remotely, anywhere in Ontario. If you would rather sit down with someone, we are at 250 Consumers Road in North York.
Get your return quoted
Tell us what is on your return and we will give you a price within one business day. Call 647-990-7258 or email raj@rubytax.ca.
Common questions about personal tax returns
How much does a personal tax return cost in Toronto?
A straightforward personal (T1) return at Ruby Tax starts at $50. Self-employment, rental or investment schedules add to that depending on how much is involved. The full price is agreed in writing before any work begins, and we do not bill hourly.
Can I file several years of late tax returns at once?
Yes. Multi-year catch-up filing is one of the most common things we handle. Filing voluntarily is almost always better than waiting for CRA to assess you, because penalties and interest accrue either way and filing first leaves you with options.
Do I need to live in Ontario to use Ruby Tax?
No. We prepare personal returns for clients in every Canadian province. Documents are exchanged electronically, so where you live makes no practical difference to how we work or what it costs.
What documents do you need to prepare my return?
Last year’s return, your T4 and any other slips, records for self-employment or rental income if they apply, and any correspondence you have had from CRA. For a quote we only need a description of your situation.
Related services
Also see corporate tax returns (T2) if you are incorporated, monthly bookkeeping if you are self-employed, and non-resident returns if you have left Canada.