APRIL 30: TAX DUE DATE

April 30th is a Tuesday and the deadline date to not only file your personal income tax return, but pay any outstanding amounts due.

June 15th is the tax filing deadline for self-employed earners.

You will be charged a 5% late filing penalty plus 1% for each month the return is delayed up to 12 months.

After that, the penalty goes up to 10% on the balance owing and 2% per month up to 20 months.

Did you know that you can request relief from interest and penalties if you are unable to pay? CRA can only grant relief within 10 years of the request date.