Important dates for Individuals
Tax return filing due dates
- Employees – Personal tax return – Year ended December 31th – Retune due on next year April 30
- Self-employed -You or your spouse carried on a business, personal tax return is due on next June 15th (If you have tax owing the payment still has to be made by April 30th)
- Deceased persons – The legal representative of the estate of an individual who dies in current year, will have to file a tax return. The due date depends on the date of death and if the individual carried on a business.
Balance owing due dates
Your balance owing is due no later than April 30th. When a due date falls on a Saturday, a Sunday, or a holiday recognized by the CRA, we consider your payment to be made on time if we receive it or it is postmarked on the next business day.
Installment payments due dates
Your installment payments for Current year are due March 15, June 15, September 15, and December 15,. When a due date falls on a Saturday, a Sunday, or a holiday recognized by the CRA, they consider your payment to be paid on time if they receive it or if it is postmarked on the next business day.
Your payment will be considered paid on one of the following dates:
- Payments you make in person at your financial institution are considered paid on the date stamped on your INNS3 receipt.
- Payments you send by mail are considered paid on the date you mail them.
- Payments you make through your financial institution’s Internet or telephone banking services are considered paid when your financial institution credits us with your payment.
- Post-dated cheques and payments you make by pre-authorized debit are considered paid on the negotiable date
Canada Child Tax Benefit payment dates
Benefits are paid over a 12-month period from July of one year to June of the next year. Generally, payments are made on the 20th of each month or, if your annual entitlement is less than $240, we will send it all in one payment on July 20th.
Universal Child Care Benefit payment dates
Generally, UCCB payments are made on the 20th of each month. By default, payments are issued by cheque but they can also be directly deposited into your account at a financial institution.
RRSP contribution deadline
- RRSP – Next year March 1 is the deadline for contributing to an RRSP for the current tax year. December 31 of the year you turn 71 years of age is the last day you can contribute to your own RRSP.
- RDSP – The deadline for opening an RDSP, making contributions and applying for the matching Grant and the income-tested Bond for the current year contribution year is December 31.
- Home Buyers’ Plan – You have to buy or build the qualifying home before October 1 of the year after the year of withdrawal. For more information, see Conditions for participating in the HBP.
- Lifelong Learning Plan – The student must have received a written offer to enroll before March of the year after you withdraw funds from your RRSPs.
GST/HST
The personalized GST/HST return (Form GST34-2) will show the due date at the top of the form as part of the preprinted personal information. The due date of your return is determined by your reporting period.
Who is required to file a Tax Return?
Individuals must file a tax return if any of the following apply:
- Taxpayer has taxes owning or wants to claim a refund
- Taxpayer and their spouse or common-law partner elected to split pension income
- Taxpayer received working income tax benefit (WITB) advance payments or wants to claim WSIB
- Taxpayer disposed of capital property or realized a taxable capital gain/taxable capital loss
- Taxpayer has to repay old age security or employment insurance benefits
- Taxpayer has not repaid all amounts withdrawn from your registered retirement savings plan
- (RRSP) under the Home Buyers’ Plan or the Lifelong Learning Plan
- Taxpayer want to apply for the GST/HST credit
- Taxpayer or spouse or common-law partner want to begin or continue receiving Canada child tax
- Benefit payments, including related provincial or territorial benefit payments.
- Taxpayer want to carry forward or transfer the unused part of your tuition, education, and
- textbook amounts
- Taxpayer wants to report income which could increase RRSP deduction limit for future years up to date.
- Taxpayer want to carry forward the unused investment tax credit on expenditures incurred during the current year.
- Taxpayer receive the guaranteed income supplement or allowance benefits under the old age
- Security program
