Planning to file your tax return on paper? Here’s what you need to know!
No matter how you file your income tax and benefit return, the Canada Revenue Agency (CRA) is committed to making sure you get any refund, benefit, or credit payments that you may be eligible for. If you’re planning to file on paper this year, keep reading—this information is for you!
Act quickly: File your 2023 corporate income tax return now to get the Canada Carbon Rebate for Small Businesses
The July 15 deadline approaches to be eligible for the Canada Carbon Rebate for Small Businesses. This refundable tax credit announced in Budget 2024 returns a portion of federal fuel charge proceeds directly to an estimated 600,000 small and medium businesses.
You asked, we answered! Here are answers to six more of the top business tax information questions.
Earlier this month, we issued a tax tip answering your top seven business tax information questions. Now that the basics are covered, we can turn to more specific questions.
The deadline for self-employed individuals to file their 2023 income tax and benefit return is approaching
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 your spouse or common-law partner is self-employed, you have until June 15, 2024, to file your 2023 income tax and benefit return. Since June 15, 2024 falls on a Saturday, you will be considered to have filed on time if we receive your return on or before June 17, 2024.
Are you self-employed? The Canada Revenue Agency can help you understand your tax obligations
If you're self-employed, navigating your tax obligations may seem complicated. But don't worry, the Canada Revenue Agency (CRA) is here to help you! To get ready for tax-filing season, we've put together helpful tips and information for self-employed individuals.
You still have time – Last-minute tips to help you file before the deadline!
Life is full of responsibilities, from school and work to family and everything in between. We understand that taxes can easily slip to the bottom of your to-do list.
Don’t worry if you haven’t filed your 2023 income tax and benefit return yet – you still have time. Use the information below to help you complete and submit your tax return before the deadline.
Thinking of calling us? Before you do, find the answers you need for tax-filing season!
Every year, the Canada Revenue Agency (CRA) tracks the questions people ask and uses that information to design new services and improve our processes. We want to offer you the best service possible, so you can easily access the tax and benefit information you need.
Seniors: Simplify tax-filing so you can get back to doing what you enjoy!
When you think about your favourite ways to spend your time, filing an income tax and benefit return probably isn’t at the top of your list. We get it! That’s why we’re working to make tax-filing as easy as possible, so you can get back to things you would rather do.
Don’t forget, if you’re retired or 65 years of age or older, then your sources of income may change, and you have to include these new sources of income on your tax return.
Getting ready to file your taxes by paper? Here’s what you need to know!
Circle April 30, 2024, on your calendar! This is the deadline for most Canadians to file their income tax and benefit return for 2023. You are considered to have filed on time as long as the CRA receives your return, or it is postmarked, by April 30. By filing your income tax and benefit return on time, you will avoid interruptions to your benefit and credit payments.
If you owe any money to the CRA, your payment is also due by April 30, 2024. By filing and making your payment on time, you will avoid a late-filing penalty and interest charges.
New reporting requirements for trusts as of December 31, 2023
The Government of Canada has introduced new reporting requirements for trusts. These changes were made as part of Canada’s international commitment to the transparency of beneficial ownership information as well as its continuous efforts to ensure the effectiveness and integrity of the Canadian tax system.
June 15, 2023, is the deadline for self-employed individuals to file their 2022 income tax and benefit return
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, 2023, to file your 2022 income tax and benefit return.
In light of the recent forest fires and other climate issues, here is a special note on requesting taxpayer relief after an adverse weather event…
Are you self-employed? The Canada Revenue Agency can help you understand your tax obligations
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.
What you need to know for the 2023 tax-filing season
Millions of Canadians file their income tax and benefit returns every year. For the 2022 tax-filing season, Canadians filed approximately 31 million returns and 92% of them were filed electronically. Also, there were over 17 million refunds processed, resulting in a total amount of $37 billion!
We know that having the information you need on hand makes filing easier. Below, you’ll find what you need to know for this year, including what’s new.