47674e109b85ae6495880f2604f34f58

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.

Stay informed

July 20, 2023

Understanding the New Underused Housing Tax (UHT)

The federal government announced the new underused housing tax (UHT) as part of the 2021 federal budget which came into effect on Jan 1, 2022. In a nutshell, the UHT is a…

November 1, 2022

Business Excellence Awards Finalist

We are so honoured to be a finalist in the North Vancouver Chamber Business Excellence Awards in the category of Best Employer. From the North Vancouver Chamber: The North Vancouver…

September 20, 2022

Cahill Team Strategy Session with Colin Cox

Effective Productivity In Today’s Rapidly Changing World with Colin Cox Our team participated in a great strategy session with Colin Cox, titled Effective Productivity In Today’s Rapidly Changing World. We…