Resources

Canadian Tax Return Deadlines

Canadian Tax Deadlines Updated for COVID-19

*Updated on March 28, 2020 to include deferred dates and changes introduced for COVID-19 relief.

 

SUMMARY:

June 1, 2020 – Personal returns without self-employment income

Canadian tax returns must be filed for individuals without self-employment income.

June 15, 2020 – Personal return with self-employment income

Canadian tax returns must be filed for self-employed individuals (and some US returns).

August 31, 2020 – Payment of tax

The Canada Revenue Agency will allow all taxpayers to defer, until after August 31, 2020, the payment of any income tax amounts that becomes owing on or after March 18, 2020 and before September 2020. This relief will apply to income tax instalments as well. No interest or penalties will accumulate on these amounts during this period.

DETAILED VERSION with CORPORATE & TRUST INFORMATION

Personal income tax returns – Due June 1, 2020

  • Canadian personal income tax returns for individuals  without self-employment income have been extended to June 1, 2020. Returns for those with self-employment income are due June 15, 2020.
  • Payment of taxes owing arising in relation to your 2019 personal income tax return can be deferred until August 31, 2020. Interest and penalties will not accrue between March 18, 2020 and August 31, 2020.
  • The Canada Revenue Agency encourages individuals who expect to receive benefits under the GSTC or the Canada Child Benefit not to delay the filing of their return to ensure their entitlements for the 2020-21 benefit year are properly determined.

Trust Income Tax Returns – Due Date May 1, 2020

  • For trusts having a taxation year ending on December 31, 2019, the filing due date for the trust’s T3 income tax return has been moved to May 1, 2020.
  • For any other trusts where a tax return otherwise would have been due between March 18 and April 30, the return is now due May 1.
  • Payment of taxes owing arising in relation to the 2019 T3 trust return can be deferred until August 31, 2020. Interest and penalties will not accrue between March 18, 2020 and August 31, 2020.

Corporate income tax returns – Deferral of tax until August 31, 2020

  • For corporate tax returns that would be due between March 18, 2020 and May 31, 2020, the due date has been extended to June 1*.  Outside of this period, the normal due date remains the same.
  • *The exception is to SRED returns which have not been extended.
  • The payment of Part I income taxes that became owing between March 18, 2020 and August 31, 2020 can be deferred until August 31, 2020. Interest and penalties will not accrue between March 18, 2020 and August 31, 2020.

Income Tax Installments – All taxpayers including individual, corporations, and trusts – Deferral until August 31, 2020

The Canada Revenue Agency will allow all taxpayers to defer, until after August 31, 2020, the payment of any income tax amounts that become owing on or after March 18, 2020 and before September 2020. This relief will apply to income tax instalments as well. No interest or penalties will accumulate on these amounts during this period.

GST/HST  – No change to balance due date

  • Due date to file GST/HST returns has not been extended.
  • Due date for the remittance of GST/HST for the following periods have been extended to June 30 (without incurring interest or penalties):
    • Monthly filers – Remittance for amounts collected for the February, March and April 2020 reporting periods;
    • Quarterly filers – Remittance for amounts collected for the January 1, 2020 through March 31, 2020 reporting period; and
    • Annual filers, whose GST/HST return or instalment are due in March, April or May 2020, have to remit amounts collected and owing for their previous fiscal year and instalments of GST/HST in respect of the filer’s current fiscal year.

Partnership returns and NR4 returns – Due May 1, 2020

For trusts having a taxation year ending on December 31, 2019, the filing due date for the trust’s T3 income tax return has been moved to May 1, 2020.

Practically all other income tax filings (e.g. T1134, T1135, T1141, T1142) – Due June 1

Practically all other income tax filings (other than those already mentioned above) that would be due between March 18, 2020 and May 31, 2020 have been extended to June 1, 2020.