It is time once again to start thinking about your personal tax returns for 2024.
Below is a list of dates to keep in mind when getting ready for filing your 2024 personal tax returns. Please note that CRA has extended the deadline for T4’s and T5’s to be submitted to individuals, which may delay you receiving your slips for 2024.
February 24, 2025 – first day to Efile returns.
March 3, 2025 – last day to submit funds to RRSP for 2024’s taxes.
April 30, 2025 – last day to file your tax return to avoid penalties and last day to pay any taxes owing to avoid interest charges.
June 16, 2025 – last day to file your tax return for self employed businesses.
For those who are self employed, any taxes that might be owing are still due April 30, 2025.
GST/HST returns
March 31, 2025 – last day to file GST/HST return for the majority of self-employed businesses registered for GST/HST, depending on your filing frequency you may have until June 16, 2025.
To determine when you need to file and pay your GST/HST returns, log into your CRA account for the business number and review what needs to be filed under the GST/HST section.