Deadline for filing Tax and Penalties for late filing

Individual

Income tax filing deadline

   

The deadline for filing your income tax return in Canada is typically April 30th of each year. This deadline applies to most individuals who are required to file an income tax return, including those who are self-employed.

However, if you or your spouse or common-law partner are self-employed, you have until June 15th to file your income tax return. However, any balance owing for the previous tax year must still be paid by April 30th to avoid interest charges.

It’s important to note that even if you do not owe any taxes or are expecting a refund, you must still file your income tax return by the deadline. Failing to do so may result in penalties and interest charges.

If you are unable to file your income tax return by the deadline, you may be able to request an extension by contacting the Canada Revenue Agency (CRA). However, interest will still be charged on any balance owing after the deadline, so it’s best to file your return as soon as possible to avoid additional charges.

If you need more information about income tax filing deadlines or have questions about your income tax return, you can contact the CRA’s Tax Information Phone Service (TIPS) at 1-800-267-6999.

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