Important
Dates
January 30
- Payment due for interest for the prior calendar year on employee and family loans to avoid attribution.
February 14
- Reimbursement due to your employer to reduce taxable operating
benefit from an employer-provided automobile.
February 28
- Filing deadline for T4 returns for wages and T5 returns for dividends paid in the prior calendar year.
March 1 (February 29 for leap years)
- Last day to contribute to your RRSP and claim a deduction in the prior calendar year.
March 15
- First instalment due for personal income taxes.
March 31 (March 30 for leap years)
- Filing due date for trust returns.
April 30
- Filing due date for personal income tax return unless eligible
to file by June 15.
- Balance of tax due for individuals for personal income taxes.
June 15
- Second instalment due for personal income taxes.
- Filing due date for individuals reporting business income and their
spouses.
September 15
- Third instalment due for personal income taxes.
December 15
- Fourth instalment due for personal income taxes.
December 31
The following items must
be paid by December 31 to be claimed as a deduction on your personal
income tax return:
- Alimony and maintenance payments.
- Carrying charges such as interest
expense and fees.
- Charitable donations.
- Child care expenses.
- Medical expenses.
- Moving expenses.
- Political contributions.
- RRSP contributions to your plan if you are 71.
- Tuition fees.
- Union dues and professional fees.
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