Resources & Important Dates
Your comprehensive guide to financial resources and tax deadlines
Important Dates
Key deadlines and dates for tax filing and compliance. All dates are subject to change based on government announcements.
Important filing and payment deadlines for individual taxpayers.
| Description | Due Date | Notes |
|---|---|---|
| Personal Income Tax Return Filing | April 30, 2025 | For most individuals. Extended to June 15 for self-employed. |
| Balance of Tax Owing Payment | April 30, 2025 | Payment due even if filing deadline is extended. |
| Self-Employed Tax Return Filing | June 15, 2025 | For individuals with business income or their spouses. |
| RRSP Contribution Deadline | March 1, 2025 | For 2024 tax year contributions. |
| First Quarter Installment | March 15, 2025 | For individuals required to make quarterly installments. |
| Second Quarter Installment | June 15, 2025 | For individuals required to make quarterly installments. |
| Third Quarter Installment | September 15, 2025 | For individuals required to make quarterly installments. |
| Fourth Quarter Installment | December 15, 2025 | For individuals required to make quarterly installments. |
Filing and payment deadlines for corporations and businesses.
| Description | Due Date | Notes |
|---|---|---|
| Corporate Tax Return (T2) | 6 months after year-end | Filing deadline varies based on corporation's year-end. |
| Corporate Tax Payment | 2-3 months after year-end | Earlier payment deadline than filing deadline. |
| Monthly Corporate Installments | Last day of each month | For corporations with prior year tax over $3,000. |
| GST/HST Return (Annual) | 3 months after year-end | For businesses with annual filing frequency. |
| GST/HST Return (Quarterly) | 1 month after quarter-end | Due dates: Apr 30, Jul 31, Oct 31, Jan 31. |
| GST/HST Return (Monthly) | Last day of following month | For businesses required to file monthly. |
| T4 Summary and Slips | Last day of February | Employment income reporting for prior year. |
| T5 Summary and Slips | Last day of March | Investment income reporting for prior year. |
Additional compliance dates and deadlines to remember.
| Description | Due Date | Notes |
|---|---|---|
| Trust Tax Return (T3) | 90 days after year-end | For most trusts. Some trusts have extended deadlines. |
| Partnership Information Return | 5 months after year-end | Required for partnerships with certain income thresholds. |
| Foreign Income Verification Statement | April 30, 2025 | Form T1135 for specified foreign property over $100,000. |
| Charitable Donation Receipts | February 28, 2025 | Deadline to issue receipts for prior year donations. |
| TFSA Contribution Room Reset | January 1, 2025 | New contribution room becomes available. |
| RESP Grant Application | December 31, 2025 | Deadline to receive Canada Education Savings Grant. |
| Voluntary Disclosure Cutoff | Ongoing | CRA's Voluntary Disclosures Program acceptance criteria. |
| Provincial Tax Deadlines | Various | May differ from federal deadlines in some provinces. |
Forms
Personal Income Tax Return Checklist (2024)
Download our T1 checklist to organize slips, deductions, and credits before filing your personal return.
Authorize a Representative for Offline Access (AUT-01)
Grant your advisor permission to discuss and access your CRA account information offline.
Request for a Business Number (RC1)
Apply for a CRA business number and open program accounts (GST/HST, payroll, corporate income tax).
Declaration of Conditions of Employment (T2200)
Employer declaration required when employees claim eligible employment expenses.
Disability Tax Credit Certificate (T2201)
Apply for the Disability Tax Credit to reduce income tax for individuals with impairments.
Moving Expenses Deduction (T1-M)
Claim eligible moving costs when relocating for work or post-secondary studies.
Foreign Income Verification Statement (T1135)
Report specified foreign property costing more than $100,000 CAD.
Statement of Business or Professional Activities (T2125)
Report self-employment income and expenses for unincorporated businesses.
Useful Links
CRA Services & Tools:
CRA My Account (Individuals)
Secure portal for personal tax information, benefits, notices, and account balances.
CRA My Business Account
Manage corporate tax, GST/HST, payroll, and other business program accounts online.
CRA E-Services for Businesses
Access online services for filings, payments, and account maintenance.
Business Registration Online
Register for a business number and related CRA program accounts in one place.
CRA My Payment
Make secure online payments directly to the CRA from your bank account.
Tax Rates & Information:
Prescribed Interest Rates
Current CRA prescribed interest rates for taxable benefits and loans.
GST/HST Rates
Federal and provincial sales tax rates by jurisdiction.
GST/HST NETFILE
File your GST/HST returns electronically with the CRA.
GST/HST Quick Method
Overview of the Quick Method—eligibility, calculations, and examples.
Business Resources:
Underused Housing Tax
Overview of UHT rules, exemptions, and filing obligations for affected owners.
Keeping Records
Record-keeping requirements and retention periods for businesses and individuals.
Business Expenses
What you can deduct—and how to substantiate those deductions.
Employee or Self-Employed?
CRA guidance on worker classification and the tax implications of each status.
Government & Provincial:
Canada Revenue Agency
Main CRA portal with links to forms, guides, and online services.
Government of British Columbia
Provincial government programs, services, and contacts for B.C. residents and businesses.
B.C. Ministry of Finance
Budget, tax policy, and provincial financial information from the Ministry of Finance.
B.C. Provincial Sales Tax (PST)
Registration, rates, exemptions, and filing details for PST in British Columbia.
Financial & Exchange Rates:
Bank of Canada
Monetary policy, key interest rate announcements, research, and data.
Bank of Canada Exchange Rates
Daily and historical exchange rates and currency converters.
Professional Organizations:
Chartered Professional Accountants of British Columbia
Provincial body for CPAs in B.C.—news, standards, and member resources.
Chartered Professional Accountants Canada
National CPA organization—guidance, handbooks, and professional updates.
CPA Professional Education Program
Information on the CPA PEP pathway, prerequisites, and modules.
Need Help Managing Your Tax Deadlines or Finding Resources?
Let Hedden Chong LLP take care of your compliance requirements and provide personalized guidance so you can focus on what matters most to you.