Dates to Remember

Filing Deadlines

February 28, 2017

T4 and T5 information slips for 2016

March 31, 2017

Trust information slips [T3s] for 2016
HST annual returns for corporations with Dec. 31 year-ends

May 1, 2017

Personal tax returns for 2016 (except for the self-employed and their spouses)

June 15, 2017

Personal tax returns for 2016 for the self-employed and their spouses. HST 2017 annual returns for self-employed individuals
US 2016 tax filing deadline for citizens living outside the USA

June 30, 2017

US 2017 FBAR filing

INCOME TAX
Payment Deadlines

2016 Personal Tax

Balance of tax due for 2017 to avoid additional interest and/or penalties.

2016 Installments

(Required, if your 2016 balance due is greater than $3,000)
March 15, 2017
June 15, 2017
September 15, 2017
December 15, 2017

GST/HST
Payment Deadlines

May 1, 2017

Balance of 2016 GST/HST due for unincorporated business

2016 Installments

(Required if your business is registered to collect HST, is an annual filer and had a prior year balance due greater than $3,000)

May 1, 2017
August 1, 2017
October 31, 2017
January 31, 2018

NOTE: Final payment of amounts owing in excess of installments paid is due on May 1, 2017

 

It is the responsibility of the business owner to know if installments are required. CRA will not necessarily notify you but will be quick to charge interest if installments were not paid when required.

Other Important Dates

February 29, 2017

Last day to contribute to an RRSP for a deduction on your 2016 tax return.

March 15, 2017

Last day to book an appointment for your 2016 tax preparation and receive the early discount offered.