close
Share with your friends

Canada: Income tax payment deadlines extended to 30 September (COVID-19)

Canada: Income tax payment deadlines extended

Income tax payment deadlines are once again being extended by the Canada Revenue Agency (CRA) and Revenu Quebec, with the CRA now also offering interest relief on certain outstanding tax debts during the coronavirus (COVID-19) pandemic.

1000

Related content

The new payment due date is 30 September 2020 for individual (personal), corporate, and trust income tax returns, including instalment payments, which previously had an extended payment deadline of 1 September 2020 for federal and Quebec income tax purposes.

The CRA is also waiving arrears interest that would have accumulated between 1 April 2020 and 30 September 2020 on certain existing income tax debts related to individual (personal), corporate, and trust income tax returns. The CRA is offering similar relief on arrears interest on existing tax debts for goods and services tax (GST) / harmonized sales tax (HST) returns from 1 April 2020 to 30 June 2020.

Furthermore, the CRA is also extending the payment deadline for certain other income taxes and offering related interest relief for those taxes.

Read a July 2020 report [PDF 203 KB] prepared by the KPMG member firm in Canada

The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us

 

Want to do business with KPMG?

 

loading image Request for proposal