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Income Tax Filing and Payment Dates


SB Partners Admin on April 7, 2020 in COVID19

COVID-19: CRA INCOME TAX FILING AND PAYMENT DATES

Tax YearFiling Deadline
Payment Date

Individuals

2019 tax year

June 1, 2020

Sept 30, 2020*
Self-Employed Individuals
(Includes spouse)
2019 tax yearJune 15, 2020Sept 30, 2020**
Corporations
Filing due date after March 18, 2020 and before June 1, 2020
June 1, 2020Sept 30, 2020**
CorporationsFiling due date in June, July or August 2020Sept 1, 2020Sept 30, 2020**
Trusts (2019)Tax year-end date December 31, 2019 May 1, 2020 Sept 30, 2020***
Trusts (2020)Tax year-end having a filing due date after March 30 and before May 31, 2020June 1, 2020 Sept 30, 2020***
Trusts (2020)Tax year-end having a filing deadline on May 31, in June, July, or August 2020Sept 1, 2020Sept 30, 2020***
HST Returns
Filing due date on or after March 27, 2020
No changeJune 30, 2020****
Charities
Form T3010 due between March 18, 2020 and December 31, 2020
Dec 31, 2020 N/A
Part XIII non-resident tax2019 NR4 information return May 1, 202015th of each month following an amount paid or credited to non-resident
Partnerships Applies to partnerships that normally have a March 31, filing deadlineMay 1, 2020N/A
PartnershipsApplies to partnerships that would normally have a filing deadline after March 31, and before May 31, 2020June 1, 2020N/A
PartnershipsApplies to partnership that normally have a filing deadline on May 31, or in June, July or August 2020Sept 1, 2020N/A
Other information Returns, elections, designations and information requests Filing due date after March 18, 2020 and before May 31, 2020 June 1, 2020N/A
Other information Returns, elections, designations and information requestsUnless otherwise noted, applies to other information returns elections designations and information requests that are due on May 31, or in June, July or August 2020 .Sept 1, 2020N/A*****
Notice of Objections Filing due due date on or after March 18, 2020 June 30, 2020N/A

Note: Penalties and interest will not be charged if the deferred payment requirements are met. The CRA is also waiving interest on existing tax debts related to individual, corporate, and trust income tax returns from April 1, 2020, to September 30, 2020 and from April 1, 2020, to June 30, 2020, for goods and services tax/harmonized sales tax (GST/HST) returns.

*Penalties and Interest (including late filing penalties) will not be charged if returns are filed and payments made by September 30, 2020. Includes the June 15, 2020, and September 15, 2020 instalment payment and applies to form T1135, any elections, forms and schedules that must be filed with the return, provided that they are filed by September 30, 2020

** Includes balances and instalments under Part 1 tax only. For 2019 T2 corporate return, the extension of the filing deadlines applies for all purposes, such as form T106, T1135, and any elections, forms and schedules that must be filed with the corporate return.
                         
*** Applies to income tax balances and instalments due on or after March 18, 2020, and before September 30, 2020. Penalties and Interest will not be charged if returns are filed and payments made by September 30, 2020.                

**** No HST fling extension, however CRA has mentioned they will not charge any penalties or interest until after June 30, 2020

****** Penalties and interest will not be applied if information returns, elections, designations, and information requests are filed and payments are made by September 1, 2020

Helpful Link:

https://www.canada.ca/en/revenue-agency/campaigns/covid-19-update/covid-19-filing-payment-dates.html#extend