What You Can Claim on Your Personal Tax Return (2025)

Every year, millions of Canadians file their Personal Tax Return. However, not everyone takes full advantage of the eligible tax credits and deductions that could reduce the amount of tax owed or increase their refund. This article from TikiTax.ca will guide you through the claims you can make on your 2025 personal tax return, helping you maximize your financial benefits.

Common Tax Deductions

1. Medical Expenses
You can claim eligible medical expenses for yourself, your spouse, and dependents. These may include prescription drugs, dental care, and medical equipment.

2. RRSP Contributions (Registered Retirement Savings Plan)
Contributions to your RRSP are deductible from taxable income, helping you lower taxes while growing your retirement savings.

3. Moving Expenses for Work or Education
If you moved to be closer to a new job or educational institution, some eligible moving expenses may be claimed.

4. Student Loan Interest
Interest paid on student loans qualifies as a non-refundable tax credit.

Key Tax Credits

1. Basic Personal Amount
Every Canadian is entitled to a basic personal amount that reduces taxable income.

2. Canada Workers Benefit (CWB)
Provides support for low- to moderate-income workers, potentially increasing your refund.

3. Tuition Tax Credit
Students can claim eligible tuition fees. Unused credits can be carried forward or transferred to a parent.

4. Disability Tax Credit (DTC)
Available to eligible individuals with disabilities, significantly reducing taxes owed.

Additional Claims for 2025

• Child Care Expenses: Eligible child care costs can be deducted.

• Home Office Expenses: If you work from home, you may claim part of your internet, electricity, and office supplies.

• First-Time Home Buyers’ Tax Credit: A benefit for those purchasing their first home.

• Climate Action Incentive Payment (CAIP): A refundable credit to offset carbon tax costs.

Tips to Optimize Your 2025 Tax Return

• Keep all receipts and records of eligible expenses.

• Maximize your RRSP contributions before the deadline.

• Consider filing jointly with your spouse to optimize tax credits.

• Use professional tax services from TikiTax.ca to ensure you don’t miss out on any benefits.

Conclusion

Knowing what you can claim on your personal tax return helps reduce your tax burden while maximizing government benefits. For 2025, make sure you prepare thoroughly and file accurately to optimize your financial outcome.

👉 Contact TikiTax.ca for expert tax support to help you file with confidence this tax season.