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.

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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

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