2023 Tax Deadlines
Deadline for charitable donations, investment sales and other tax strategies for 2022.
Deadline to have made your charitable donations, sold investments to trigger gain/loss, and to execute other tax planning strategies to e effective for 2022.
Personal tax instalment due date
Pay CRA amounts in notices or based on the instalment methods to avoid late-filing penalties.
Remit taxes and deductions on bonuses paid in June
For Corporations with calendar year-ends. Note - accelerated filers have an earlier due date for remitting taxes.
Corporations to file T2 tax return for December 31 year-ends
Don’t forget to file foreign reporting forms T1135, T106. Also note the filing deadline for non-calendar year-ends is six (6) months after the year-end.
Pay bonuses declared on Dec 31, 2022
For Corporations with a calendar year-end to ensure a tax deduction is claimed for 2022 filing.
Personal Tax Instalment Due Date
Pay CRA amount in notices or based on the instalment methods to avoid late-filing penalties
2021 Personal T1 tax returns and HST returns due for self-employed individuals
Don’t forget foreign reporting requirements where you won foreign property including bank accounts - T1135, T1141/T1142.
2021 T1 Personal Tax Return Due - Non-self-employed individuals
April 30th is a Saturday so deadline is extended to Monday May 2, 2022. 2021 Personal T1 tax returns are due for non-self-employed individuals (don’t forget foreign reporting requirements where you own foreign property including bank accounts - T1135, T1141/T1142)
T5023 Partnership Information Returns with the CRA
For calendar year ends - note the filing deadline is six (6) months after year end unless all the partners are corporations, in which case the filing is five (5) months after year end.