Accounting Services, Vancouver
March 26, 2020

Updated Tax Filing Deadlines

 

Updated Tax Filing Deadlines

Updated Information from CRA (Canada Revenue Agency) as of March 26th, 2020. 

https://www.canada.ca/en/revenue-agency/campaigns/covid-19-update.html

We will announce any changes to these dates as we are made aware of them. 

Rest assured, that the team at Cahill CPA is keeping up to date with all these deadlines & changes and will keep our clients informed. 

Individuals

The deadline to file your income tax and benefit return will be deferred until June 1, 2020.

The deadline to pay any balance due for your individual income tax and benefit return for 2019 has been extended to September 1, 2020. This means you will not be assessed any penalties or interest if your balance due is paid by September 1, 2020.

Self-employed 

For self-employed individuals or those who have spouses or common-law partners that are self-employed, the deadline to pay any balance due for your individual income tax and benefit return has been extended to September 1, 2020.

Businesses

The deadline for businesses to pay any income tax amounts that become owing or due after March 18, 2020 and before September 1, 2020 has been extended to September 1, 2020. This means you will not be assessed any penalties or interest if your balance due is paid by September 1, 2020.

Trusts

For trusts with a taxation year end of December 31, 2019, the filing due date of March 31, 2020, will be deferred to May 1, 2020.

Charities

The Charities Directorate is extending the filing deadline to December 31, 2020, for all charities with a Form T3010, Registered Charity Information Return due between March 18, 2020 and December 31, 2020.

 

Crystal Cahill

Crystal Cahill is responsible for the social media and marketing at Cahill CPA. Crystal completed her Bachelor of Arts Degree at Simon Fraser University in English, and has an Education Degree and teaching certification. She enjoys keeping clients updated on new accounting practices, upcoming tax deadlines, and news & events within the Cahill CPA office & staff. She is married to Cahill CPA partner Jordan Cahill, and together they have two young children.

Services

    Cahill-Professional-Accountants-Light-Logo-573px

    Your Success Is Our Business

    Financial accounting, tax preparation, and much more.

    North Vancouver 604-985-0123

        

    More About CahillMap to Locations

    Review Us on Google-White

    Inquire Here

    Looking for a North Vancouver certified accountant? We specialize in helping clients grow their businesses through tax minimization and sound business advice.