When is a personal tax return (T1) due?
A personal tax return is due on or before April 30.
When is a personal tax return due for a self-employed individual??
A personal tax return is due June 15th if the taxpayer or his/her spouse is self-employed. However, if a taxpayer owes tax, the amount owed is still due on or before April 30 even if the taxpayer’s return is due June 15th..
When is the personal return (T1) due for a deceased taxpayer??
Tax return for a deceased taxpayer is due the later of:
- 6 months after death or,
- regular filing deadline
For example, if a taxpayer with a filing deadline of April 30th dies on January 31, his tax return would be due the later of:
- April 30 (regular filing date)
- July 31 (6 months after death)
The later of both dates is July 31, therefore, the return would be due by July 31.
When does a taxpayer have to start making installments?
Installments must be made by the taxpayer if tax payable minus amounts withheld at source is greater than $3,000 in the current year and either of the two preceding years.
Do I charge HST on sales??
You must register for a GST/HST account if:
- you provide taxable supplies in Canada AND
- you are not a small supplier (revenue from taxable supplies up to $ 30,000)
You must register within 29 days from the day you cease to be a small supplier, that is, when your revenue exceeds $ 30,000 threshold..
When does a taxpayer have to start making installments? ?
Installments must be made by the taxpayer if tax payable minus amounts withheld at source is greater than $3,000 in the current year and either of the two preceding years.