What are the filing deadlines?

There are several deadlines, depending on the documents that need to be filed.

If returns aren't filed on time, the CRA will assess penalties and interest, so it is important we receive your documentation in a timely manner in order to prepare your return, review it with you, and file.

Personal

Average Taxpayer

If you aren't incorporated or self-employed, the deadline to file your personal income tax & benefit return (T1), and fully pay any balance payable is April 30.

Should you end up owing taxes and your return wasn't filed on or before April 30, the CRA will assess you a penalty of 5% of the amount you owe, plus 1% each full month you don't file, up to 12 months (17% of your balance payable).

Sole Proprietor

Unincorporated, Self-employed

If you haven't incorporated, but are self-employed, the deadline to file your T1 is June 15, though the deadline to fully pay any balance owing is still April 30.

We recommend making a payment prior to April 30 if you believe you will have a balance payable.

You may have also registered for a GST number, this is a separate return that will need to filed. As a sole proprietor, your GST filing is due by June 15, the same as your T1, and the payment deadline is also April 30.

Corporate

Incorporated Entity

As a corporation, there are several deadlines that will need to be met.

Your federal corporate income tax return (T2) must be filed on or before 6 months after your fiscal year-end. As an example, if your fiscal year-end is January 31, your T2 must be filed on or before July 31.

You may have a GST account as well. If so, your GST return(s) may need to be filed and the balance paid either annually, quarterly, or monthly.

Annual GST returns must be filed and paid 3 months after your year-end.
Quarterly GST returns must be filed and paid 1 month after your year-end.
Monthly GST returns must be filed and paid 1 month after your year-end.

Alberta corporations may also need to file an Alberta corporate income tax return (AT1) if they are not exempt. This must be filed on or before 6 months after your fiscal year-end, the same as the federal T2.