The tax season in Canada typically begins in late February and ends on April 30th for most individuals. The deadline for filing taxes is April 30th, and the balance due deadline for individuals and those who are self-employed is also April 30th. Self-employed individuals have until June 15th to file their taxes, but they must pay any outstanding balances by April 30th.
To make the tax-filing process stress-free, it’s important to keep track of the important dates and documents needed. For instance, the Registered Retirement Savings Plan (RRSP) contribution deadline is March 1st. You can file your taxes online using certified tax software, which is easy and secure. You can also sign up for direct deposit to get your notice of assessment and refund faster.
If you’re filing your taxes for the first time or haven’t filed in a while, there are different ways to file your income tax and benefit return. You can check out the step-by-step guide to help you fill out your return.
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