Today is the deadline for filing your 2019 income tax return – it was extended from the end of April because of the pandemic.
You have until June 15th if you’re self-employed.
In addition, the Canada Revenue Agency says any penalties and interest on amounts owing will not be charged if payments are made by September 1st.
COVID-19 benefits will not be factored into this year’s return, but benefits for individuals and businesses, including the Canada Emergency Response Benefit (CERB) and the Canada Emergency Wage Subsidy (CEWS), are taxable income and will be part of your 2021 return.
