Tax Return & Remittance Deadlines


Tax Deadline (1)

Tax deadline for individual

 

March 1 – RRSP Deadline

March 1 is the RRSP contribution deadline to make contributions to your Registered Retirement Savings Plan (RRSP) 

April 30 – Tax Filing and tax owing Payment deadline

April 30 – Tax filing deadline for individuals income tax filing. Note that T2125 small business tax returns are not due until June, although if there is a balance owing. Interest will be calculated based on April 30th deadline.

Business filing deadline 

February 28 – T4, T5 and T4A filing deadline

If you have employees, you have to file a T4 and T4 summary by the last day of February.

If you pay commissions or service fees to subcontractors of your business, you have to file T5 and T5 summary by the end of February.

If your company pay dividends to shareholders, you have to file T5 and T5 summary by the end of February.

GST/HST filing and payment deadline

If you have chosen to file your GST/HST annually, your filing and payment deadline will be three month after fiscal year-end.

If you have chosen to file your GST/HST quarterly, your filing and payment deadline will be one month after the end of the reporting period.

Payroll remittance deadline

Most small business’ qualify for quarterly payroll remittance. Remittance due date is the 15th of the month after the calendar quarter.

Payroll remittance calendar quarters/due dates:

  • January to March: due by April 15
  • April to June: due by July 15
  • July to September: due by October 15
  • October to December: due by January 15

File your T2 Corporate Tax return no later than six months after the end of each tax year. All corporation taxes charged under the Income Tax Act are due two months after the end of the tax year. For most Canadian-controlled private corporations (CCPC), the balance of tax is due three months after the end of the tax year.