Sole Proprietors, Partnerships and Corporations:
By the 15th of each month
- remit payroll deductions including your portion of CPP & El contributions by the 15th of the following month
Monthly
- Corporations to make installment payments of current year taxes by the last day of the month
Last day
of February
March 15
- if self-employed make first payment of tax and CPP contributions
March 31
- If partnership, file partnership information return
April 30
-
File T1 personal
income tax
-
If
self-employed,
balance owing
must be paid to
avoid penalties
June
15
-
Self-employed
individuals make
second
installment
payment
-
File T1 tax
return
September
15
-
Self-employed
individuals make
third
installment
payment
For
Corporations:
Two
months from
your taxation
year
-
balance of
corporation tax
payable is due
Six
months from
taxation
year
-
Must file T2
Corporation
Income Tax
return
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