In this article, I’ll review SimpleTax which is one of the premium free online tax return softwares in Canada.
I’ve covered the top features, comparison, pricing and everything you need to know about SimpleTax here. Let’s get started.
What is SimpleTax?
As the name implies SimpleTax is an online tax filing software that’s made in Canada.
SimpleTax software has many advantages over other tax softwares in the market. Its user friendly, fun and fast. The best part is, It’s designed and developed by Canadians.
Let’s now look at some of the major and noticeable benefits in using this software:
First of all, as the name says SimpleTax is relatively easy to use and the UI is clean
Second, the software promises to gives you the maximum return (and it does deliver)
The software is highly secure and extremely private, so you don’t have to worry about security issues
With that said, one interesting thing about SimpleTax is that it charges $0 per return.
Yes you got it right, it’s completely free to file your taxes online. It’s one the few premium tax return softwares in Canada to offer this.
Features of SimpleTax
There are some very interesting and attractive tax return features which SimpleTax has to offer.
These are the features which distinguish SimpleTax from the rest.
Now let’s look at the features one by one:
1. Smart Search
SimpleTax has this smart search feature which is built-in to the software and allows you to search for the right information and that too with ease (the information you’re looking for or need).
You cant expect a normal person to know everything about tax filing, that’s where this feature and SimpleTax wins. Its really good try it once.
No more hunting for the right form, deduction, or credit, smart search box lets you type almost anything to instantly add it to your return.
2. Step By Step Guidance
By just answering a few simple questions you can possibly add everything in your tax return.
Also, the software provides you with a step by step guide to make your experience a fun, easy and fascinating. Truly remarkable!
3. Auto-fill the form
SimpleTax can auto-fill part of your return with information directly from the CRA.
It’s easy, accurate, and too good to be true.
4. Award Winning Design
The UX design of SimpleTax software is really simple, outstanding and award-winning.
The screens are designed in a way that the page would need no refresh for a long time.
Also, all of your tax calculations are done in a single page and getting to see your refunds is a lot more easier.
5. Refund Optimizer
Another great feature of SimpleTax is that it has a refund optimizer built-in to the software.
Here’s how it works – The refund optimizer runs multiple calculations to maximize your return.
It provides you with the best of tax credits.
Tax Credits such as :
Amount of home buyer’s
Amounts of Canada’s caregivers.
Previous year losses
Labor-sponsored fund by Québec FTQ
Labor-sponsored fund by Québec CSN
Gifts and Donations
Interest on student loan
Expenses of home stability
Amount of provincial caregiver
Childcare credit by Québec
Expenses of provincial arts and fitness
Personal tax credit Manitoba
Reduction of provincial tax and a lot more
All of these and many other tax credits are applied to maximize your refunds.
SimpleTax gives you 100% guarantee that you’ll get the maximum refund filing taxes with them.
The software also claims to be 100% accurate and ensures you’ll have the maximum returns.
1. 100% Accuracy
Software calculations of SimpleTax are 100% guaranteed and accurate.
To top it up, the company gives you assurance that if you face any of fines or penalty by CRA because of an error in the returns calculation, the company will owe you a total refund.
2. Maximum Refund Assured
SimpleTax software is sure to give you the maximum refund and the creators of the software claim that if you succeed in finding someone who gives you better refund than SimpleTax, then you’ll get your money back.
3. 100% Satisfaction Guaranteed
The software platform of SimpleTax is built very robust right from the scratch.
It is also claimed to satisfy you to the fullest in terms of filing your taxes, and if it fails to do so, then you owe them nothing and still get your tax return filed.
This feature of SimpleTax is something which can never be compared to any other software currently in the market.
SimpleTax Software Features
Now let’s look at some of the best and the most important software features of SimpleTax which we haven’t discussed before:
1. Pay as you Like
SimpleTax software has no restrictions on the amount you pay them (will talk about this in just a bit); neither does it put any income limits and has a no catch policy.
That’s because SimpleTax strongly believes in creating a project that customers like and prefer.
So the end donations you’ll pay will help them keep the project alive and for the further enhance the features.
2. Faster Refunds
6. Designed with Attention
SimpleTax has been featured in some of the best Canadian magazines, newspapers, and news channels, showing its excellent in serving people.
It’s been featured in (just to name a few):
• CBC News
• The Globe and Mail
• Financial Post
• Canadian Business
• Everything Zoomer
• The Vancouver Sun
How to Use The SimpleTax Software
After getting to know the features of SimpleTax software, not let’s look at how to use them.
Using SimpleTax for filing your tax return is pretty easy and quick.
1. About You
First step is to fill out the about you section and provide basic information about yourself.
It is recommended that you’ll sign up.
Doing so, the system will save your data for further use or for next year tax filing.
2. Your Taxes
Once you have completed the about you section, the next step is to fill in your tax details by using the “Your Taxes” dialogue box located under the “About You” section.
There are multiple ways you can fill in the taxes.
3. You can Auto fill the information directly from the CRA
Or you can search and add the things. If you are completely unaware, then you can answer a few questions to get yourself started to fill in the details.
4. Final Review before submitting
After you have completed the taxes section you will get the “review” section.
Here you’ll have to click on the “Check and Optimize” button.
The suggestions, warnings, and errors will be indicated in grey, yellow and red colours respectively.
You can ignore the grey and yellow ones, but you need to correct the errors to move forward.
Just follow the instructions, and you will be all set to complete your return.
We are almost the end of filing your return.
In the summary section of your tax return, you can get a line by line tax summary at any time you’ll need during the form filling.
The “Summary” section is located in the main menu on the left hand side.
The arrow under “Amount” will give expand the complete breakdown of the return.
Likewise the arrow under “Documents” will enlarge and collapse the paper forms provided if any.
Final Tax Submission
So there you go, that’s the complete review of the SimpleTax software.
In a nutshell, it’s definitely one of the best tax return online softwares out in the Canadian market. It’s really simple and easy to use with a lot of important features.
The best part that I personally like about SimpleTax is that the UX is really simple and easy to use for the normal average person like you and me.
I hope you liked this review and is informative and helpful!
Please let me know your thoughts and comments below.
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Hey, I’m Sagar from Toronto, Canada.
I am a self-taught, motivated Canadian Personal Finance Blogger who loves writing articles about Savings, Investing, Stocks & ETF reviews, Side Hustles, Frugal Living, Credit Cards and Retirement Planning. Husband. Father. Software Developer. Web Designer. Hiking Enthusiast.