Penalties and interest will not be charged if the deferred payment requirements are met by September 1, 2020. Penalties and interest relief will be considered on a case-by-case basis for income tax balances that are not covered by the COVID-19 relief provisions described below:
| Individuals – Due dates | Filing dates | Remarks |
|---|---|---|
| Filing date for 2019 tax year | Monday, June 01, 2020 | Extended |
| Payment date for 2019 tax year | Tuesday, September 01, 2020 | Extended |
Self-Employed and their spouse or common law
| Partner – Due dates | Filing dates | Remarks |
|---|---|---|
| Filing date for 2019 tax year | Monday, June 15, 2020 | Unchanged |
| Payment date for 2019 tax year | Tuesday, September 01, 2020 | Extended |
| Corporations – Due dates | Filing dates | Remarks |
|---|---|---|
| Filing date for current tax year | Monday, June 01, 2020 Applies to corporations that would otherwise have a filing due date after March 18 and before June 1, 2020. |
Extended |
| Payment date for current tax year | Tuesday, September 01, 2020 Applies to balances and installments under Part 1 of the Income Tax Act due on or after March, 18 and before September 1, 2020. |
Extended |
| Payroll remittances – Due dates | Unchanged |
HST
The CRA will allow all businesses to defer, until the end of June 2020, any GST/HST payments or remittances that become owing on or after March 27, 2020, and before June 2020. This means that no interest will apply if your payments or remittances are made.
The deadline for businesses to file their returns is unchanged. Those who are able to, should continue to file their GST/HST returns on time reporting their net tax for the reporting period to help facilitate tax compliance and administration. However, recognizing the difficult circumstances faced by businesses, the CRA won’t impose penalties where a return is filed late provided that it is filed by June 30th.
