Remember to file your taxes on time
Here are the CRA important dates for individuals.
Remember to file your taxes on time! The CRA will charge you a late-filing penalty if you file your 2020 tax return after April 30, 2021. The penalty is 5% of your 2020 balance owing plus 1% of your balance owing for each month your return was filed after April 30, 2021 up to a maximum of 12 months.
- Filing due dates for 2020 tax return
- 2021 Instalment payment due dates
- Payment dates for GST/HST credits
- Payment dates for Canada Child benefit (CCB)
- Important dates for RRSP, RDSP, HBP, and LLP
Some other important payment/contribution dates for credits you may be eligible to receive. Please click here for the link.