
Common Questions
What taxes will I have to pay now that I’m retired?Last reviewed in February 2023 by the Clicklaw Editors and Seniors First BC
Although retirement means you may not be getting income from employment, you may be getting other types of income, such as the Canada Pension Plan (CPP) or the Old Age Security pension (OAS). How you pay the tax you owe will depend on the type of income you receive. There are also ways that you may be able to lower or defer certain taxes.
Good starting points include:
- Changes to Your Taxes When You Retire or Turn 65 Years Old, from the Canada Revenue Agency, provides an overview of what types of income you might receive and how you pay income tax after you retire.
Need more help?
- The Government of Canada has a page on Free Tax Clinics. Volunteers at these clinics may be able to help you with your tax returns if you have a simple tax situation and a modest income.
See our related common questions:
- See all common questions about pensions, benefits & welfare
- See all common questions about seniors
- See all common questions about taxes & finances
- tags
- income tax, income tax after retirement, retirement benefits