Businesses

• February 28 – Deadline to file T4, T4A and T5 tax slips with the Canada Revenue Agency

Individuals

• March 1 – Deadline to contribute to an RRSP
• March 15 – Personal tax instalment due (if applicable)
• April 30 – Deadline to file a personal income tax return and pay any balance owing without incurring interest (May 2, in 2016 since April 30th falls on a Saturday).
• June 15 – Deadline to file a personal income tax return for self employed individuals and their spouses– (payment of any balance owing is still due on April 30)
• June 15 – Personal tax instalment due (if applicable)

Contract Payments

• Payments to subcontractors for construction services must be reported within 6 months of the corporation’s year end. A T5018 must be filed for each subcontractor for the labour only component.

Corporate Income Tax Return

• A corporation must file a tax return no later than 6 months after the year end. Any tax owing is due 3 months after year end.