Upcoming Important Tax Filing Deadlines
December 15, 2016- Fourth Personal tax instalment due from taxpayers who are required to remit quarterly.
December 31, 2016- The year you turn 71 years of age is the last day you can contribute to your own RRSP. For more information, see RRSP options when you turn 71.
March 1, 2017- The deadline for contributing to an RRSP for the 2016 tax year. The limit for RRSPs is 18% of the previous year's earned income or $25,370 whichever is lower less the Pension Adjustment (PA).
April 30, 2017- Personal income tax returns, except for self-employed individuals, are normally due by April 30th, as is any amount owing. Penalties and interest may be charged for late returns or late payments.
Make GST/HST payment if 1) You are an individual with business income for tax purposes 2) You file annual GST/HST returns and you have a December 31 fiscal year end.
June 15, 2017- Second Personal tax instalment due from taxpayers who are required to remit quarterly.
Due date for personal tax returns of individuals with self-employed business income, or spouses/common-law partners of taxpayers with self-employed business income. Any balance owing must be paid by April 30th.
July 31, 2017- HST/GST filing due for quarterly remitters, with a calendar year end.
September 15, 2017- Third Personal tax instalment due from taxpayers who are required to remit quarterly.