Important Year End Tax Dates 

Too many dates to remember? Here’s a list for you to follow.

 

DeadlineTo Do’s
January 30Interest owing on any low or non-interest bearing loans from your employer or family members must be paid by January 30 to reduce your taxable benefit
February 28Filing deadline for T4 slips and T5 slips.  Watch for them in your mail. If you have electronic mailings, you may need to download your own tax slips.
March 1

Last day for contributions to your RRSP for the prior tax year.

Last day for repayments to your Home Buyer’s Plan for the prior tax year.

April 30

Personal income tax filing deadline for most individuals.

Tax owing must be paid by April 30 for ALL individuals, regardless of filing deadline.

Individuals filing annual GST return must still pay any GST due by April 30th.

June 15

 

Personal tax filing deadline for individuals with self employment income.  Note: CRA will still begin assessing interest on any unpaid amounts owing for the tax year starting May 1st.

Individuals filing annual GST returns for self employed business income have until June 15th  to file their GST returns.

 

Personal Tax Instalment Deadlines:                                                March 15, June 15, September 15, and December 15.