Tax Instalment Deadline – September 15, 2025
If you’re required to pay taxes by instalments (common for self-employed or rental/investment income), your next quarterly payment is due by September 15, 2025. Late payments may trigger interest charges from the CRA.
Who needs to pay taxes by April 30?
All Canadian taxpayers must ensure their taxes owed for the previous year are paid by April 30 to avoid interest charges. This includes employed, self-employed individuals, and those with other sources of income.
What happens if I miss the April 30 deadline?
If taxes owed are not paid by April 30, the Canada Revenue Agency (CRA) will apply interest on the outstanding amount. It's important to pay on time to avoid these additional charges.
I'm self-employed. When is my tax return due?
Self-employed individuals and their spouses or common-law partners have until June 15 to file their tax returns. However, any taxes owed must still be paid by the April 30 deadline.
What if I need more time to file my tax return?
If you cannot meet the filing deadline, it's still important to pay any estimated taxes owed by April 30 to avoid interest. While you can't extend the payment deadline, filing late without payment will result in late-filing penalties in addition to interest on owed taxes.
Are there penalties for filing taxes late?
Yes, if you owe taxes and file your return late, the CRA will charge a late-filing penalty. The penalty is 5% of your balance owing, plus 1% of your balance owing for each full month your return is late, to a maximum of 12 months.
How can I find out how much I owe or get help?
You can check your tax account balance online through the CRA’s My Account service, contact the CRA directly, or seek assistance from a tax professional.
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