Important Dates

Personal tax returns with Self Employment Income (including B&B, Rental Income, Home Based Business, etc) the deadline to receive your information will be March 30, 2022.

Personal Tax Returns with Investments where you may not receive all your slips until mid-April, we are requesting you bring in what you do have no later than April 5, 2022.

Important Dates for Individuals

Personal Tax Return – Due on or before April 30th.

Self Employed – Due on June 15th. However, if you have a balance owing you have to pay it on or before April 30th.

Instalments

You have to pay your instalments on:

• March 15th
• June 15th
• September 15th
• December 15th

RRSP Contributions

RRSP – March 1st, 2022 is the deadline for the 2021 filling year.

December 31st of the year you turn 71 years of age is the last day you can contribute to your own RRSP.

Important Dates for Businesses

T4/T4A & T5 Slips & Summary – Due on or before the last day of February.

T5018 – Mandatory for Construction Industry – Due on or before the last day of February.

T2 Corporate Income Tax – to be filed no later than six months after the end of each tax/fiscal year.  If you owe taxes, interest charges apply after 3 months.

Payroll

Monthly Remittance – due by the 15th of the next month for which employees are paid.

For more remittance thresholds see

http://www.cra-arc.gc.ca/tx/bsnss/tpcs/pyrll/pymnts/hwrmt-eng.html