Income tax filing and payment deadlines: CRA and COVID-19

Author: External Author | | Categories: Accounts Payable , Bookkeeper Calgary , Bookkeeping Calgary , Bookkeeping Services , Financial Statements , Payroll

You will not be charged late-filing penalties or interest if your 2019 individual (T1) income tax returns are filed and payments are made prior to September 1, 2020. However, we are preserving the June 1 filing deadline for T1 individuals, and the June 15 filing deadline for T1 self-employed individuals (sole-proprietors), in order to encourage filing returns in time to accurately calculate benefits, which rely on 2019 tax returns for entitlement calculation.

Original Article Source Credits: Canada  ,

Article Written By : NA

Original Article Posted on : 2020-06-17