The Canada Revenue Agency (CRA) is here to support you and your business in meeting your tax obligations.

If you are a self-employed individual, or if your spouse or common-law partner is self-employed, you have until June 15, 2022, to file your 2021 income tax and benefit return.

What are my tax obligations as a self-employed individual?

If you earned self-employment income from a business that you operate yourself or with a partner, you have to report that income by filing a tax return.

When you're self-employed and you operate your business, you must pay the following:

• personal income tax

• Canada Pension Plan contributions

• Employment Insurance premiums if you are eligible and have registered to participate

Reporting your income also means that the CRA will have the most accurate information on file to determine if you are eligible for provincial and territorial tax credits and benefits, the GST/HST credit and the Canada child benefit.

If you're self-employed, we understand that navigating your tax obligations may seem complicated. But don't worry! The Canada Revenue Agency (CRA) is focused on supporting you. To get ready for tax-filing season, we've put together helpful tips and information for self-employed individuals.

The 2021 tax-filing deadline for self-employed individuals is June 15, 2022. You have until June 15, 2022 to file your 2021 tax return if you or your spouse or common law-partner are self-employed.

The 2021 payment deadline is April 30, 2022. Although your 2021 tax-filing deadline is June 15, 2022, your payment is still due on April 30, 2022.

Over the course of the COVID-19 pandemic, the Government of Canada has remained committed to ensuring that Canadian businesses are supported financially as our economy recovers.

On December 22, 2021, the government announced a temporary expansion to the eligibility for the Local Lockdown Program to ensure Canadians are protected and businesses continue to receive the support they need as public health restrictions continue to be in place across the country.

These temporary changes will only be in effect from December 19, 2021, to February 12, 2022 (Periods 24 and 25). The application portals for Period 24 of the business subsidy programs open on February 7, 2022, at 6:00 am EST.

The Government of Canada remains committed to supporting Canadian businesses and organizations in the face of the ongoing pandemic. On Friday, December 17, 2021, the targeted COVID-19 support measures received Royal Assent. These measures will ensure that the hardest-hit sectors and those who are most affected by the pandemic will continue to receive the support they need. The government will remain vigilant to ensure businesses have the tools needed to deal with the impacts of the evolving Omicron variant while also supporting a strong economic recovery.

The CRA has launched an online calculator to help eligible employers prepare their CRHP applications. This calculator integrates the new CRHP with the Canada Emergency Wage Subsidy (CEWS), automatically showing applicants which subsidy will provide them with more support, based on the information they enter.

To date, the CRA has processed and approved more than 2.7 million Canada Emergency Wage Subsidy applications for businesses, charities and organizations in the not-for-profit sector, delivering over $71 billion in payments to support over 5 million workers. By providing support quickly to employers of all sizes and in all sectors across the country, over 5 million workers have received the support they need during this unprecedented time.