Dates to Remember

Filing Deadlines

March 1, 2021

T4 and T5 information slips for 2020

March 31, 2021

Trust information slips [T3s] for 2020
HST annual returns for corporations with Dec. 31 year-ends

April 30, 2021

Personal tax returns for 2020 (except for the self-employed and their spouses)

June 15, 2021

Personal tax returns for 2020 for the self-employed and their spouses, HST 2020 annual returns for self-employed individuals and the US 2020 tax filing deadline for citizens living outside the USA

June 1, 2021

US 2020 FBAR filing

INCOME TAX Payment Deadlines

2020 Personal Tax – April 30, 2021

Balance of tax due for 2020 to avoid additional interest and/or penalties.

2021 Personal Income Tax Installments

(Required, if your 2020 balance due was greater than $3,000)
March 15, 2021
June 15, 2021
September 15, 2021
December 15, 2021

GST/HST
Payment Deadlines

April 30, 2021

Balance of 2020 GST/HST due for unincorporated business

2021 HST 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)

April 30, 2021
August 2, 2021
November 1, 2021
January 31, 2022

NOTE: Final payment of amounts owing in excess of installments paid is due on May 2, 2022

 

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

March 1, 2021

Last day to contribute to an RRSP for a deduction on your 2020 tax return.

March 15, 2021

Last day to contact us for an appointment for your 2021 tax return and receive the early discount offered.