May 22, 2020 Canada further extends filing deadlines due to COVID-19

Posted by on May 27, 2020 in 2020 Articles | 0 comments

Individual tax returns otherwise due April 30 were previously extended to June 1 with the deferral of the payment of tax payable to September 1st. Filing due dates for personal returns due June 15th (for self-employed persons) were not previously extended  but still had the deferral of tax payable due  September 1st.  Filing beyond these two dates still attracted the late-filing tax penalty.

CRA has announced on May 22nd

read more

Extended deadlines to pay and file due to COVID-19

Posted by on Mar 22, 2020 in 2020 Articles | 0 comments

Canada

  1. Individual tax returns otherwise due April 30 are due June 1 unless further extended. You may defer payment of the tax payable including tax instalments that may have been otherwise due after March 18th   to August 31st. No penalties or interest will be levied during this extended period for tax payable that was due after March 18, 2019 including tax instalments.
  2. If installments were due prior to March 18 and are currently unpaid they will…

    read more