Important Tax Dates

Interest 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

Filing 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.

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.

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.

 FIRST YEAR – filing deadline for Underused Housing Tax Return.  Any tax owing must be paid by April 30.  Interest will be charged on any late payments.

Penalties for failure to file a UHT return are the greater of:   $5,000 (minimum) for individual owners and $10,000 (minimum) for non-individual owners and a % of your underused housing tax payable

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 1^st.

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