This list is from FBC, one of Canada’s largest tax planning companies.
1) Stay organized and file on time.
2) Be aware of all available deductions
3) Track your mileage
4) Make mortgage interest tax deductible
5) Get the facts before you rent your property or land
6) Take advantage of TFSAs and RRSPs (including Spousal RRSPs)
7) Open a high-interest savings account for income tax and GST
8) Know when to incorporate
9) Time capital gains and losses to reduce your overall tax burden
10) Have a risk management plan
These are just some of the ways that you can help yourself pay less tax. If you have any questions about any of these, I would be happy to answer them for you.