Important Tax Due Dates!

Important Tax Dates to Remember:

February 28, 2018 – If you have employees, file your 2017

T4 Summary and T4A Summary. Also, give your employees

their copies of the T4 and T4A slips.

 

March 15, 2018 – Make your first 2018 instalment

payment if you earn business, professional, or

commission income.

 

March 31, 2018 – Most partnerships with individuals as

partners file a partnership information return. (However,

there are exceptions, see Guide T4068, Guide for the

Partnership Information Return (T5013 Forms)).

 

April 30, 2018 – Pay any balance owing for 2017.

 

June 15, 2018 – File your 2017 income tax return if you have

self-employment income, or if you are the spouse or

common-law partner of someone who does, unless your

business expenditures are mainly the cost or the capital cost

of tax shelter investments. Remember to pay any balance

owing due by April 30, 2018, to avoid interest charges.

 

June 15, 2018 – Make your second 2018 instalment

payment by this date if you earn business, professional, or

commission income.

 

June 30, 2018 or the period end date plus 6 months – If

your business is in the construction industry and hires

subcontractors, you may have to file a

2017 T5018 information return, that consists of

Form T5018SUM, Summary of Contract Payments, and the

related T5018 slips, to report your payments.

 

September 15, 2018 – Make your third 2018 instalment

payment by this date if you earn business, professional, or

commission income.

 

December 15, 2018 – Make your fourth 2018 instalment

payment by this date if you earn business, professional, or

commission income.

 

December 31, 2018 – Pay your instalment payment if

you meet the following conditions:

■ your main source of income in 2018 is self-employment

income from farming or fishing

■ your net tax owing is more than $3,000 in each of 2016,

2017, and 2018 ($1,800 if you live in Quebec on

December 31 for any of those years)

For more information on paying your income tax by

instalments, go to canada.ca/taxes-instalments.

 

Note

If any of the dates mentioned above fall on a Saturday,

Sunday, or a statutory holiday, you have until the next

business day to file your return or make your payment.

 

CRA Reference

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