Reminder for the tax payers to file their tax returns by April 30, 2019 and pay the tax payable to CRA by that date to avoid a 5% penalty for the first month and 1% interest for the subsequent months on unpaid taxes.
Business and Self Employed filers have until June 15, 2019 to file their 2018 tax return but if they calculate a tax payable, it should be paid by April 30, 2019 or the penalty/interest will be charged by CRA.
Corporations have 6 months from their period ending date to file the T2 return but must pay tax owing within 90 days of their period ending to avoid penalty/interest.
We are here to help you file your tax returns on time. Please contact us for an appointment.