What do I need to do?

Now and ongoing

December 31

• End of Canadian tax year.
• You should now consider how you will prepare your tax returns or if you wish to engage a tax preparer.

February 28

• Due date for T4 slip, “Statement of Remuneration Paid” from the employer.
• Certain slips (such as T3/T5 slips from mutual funds and trusts and RRSP contributions in Jan-Feb) are issued in March.
• If you are eligible and wish to make RRSP contributions for the prior tax year, they must be made within the first 60 days of the current tax year.

By April 30

• For most individuals: Prepare and file your Canadian tax return and if applicable, Form T1135 and/or Form T1161.
• Pay any tax balance due including departure taxes. If an election is made to defer the payment of departure taxes, file Form T1244.

By June 15

• If you or your spouse have self-employment income: Prepare and file your Canadian tax return and if applicable, Form T1135 and/or Form T1161.
• Please note that any taxes payable are still due April 30.

By June 30

• Canadian non-resident rental tax return filing due date (Section 216 tax return) with NR6 form approval (if applicable).

After filing

• Await your Notice of Assessment from the CRA detailing if they accepted your return as filed or made any changes.
• The CRA may send letters requesting supporting documents, provide them to the CRA as soon as possible by the response due date indicated in the letter or engage a tax advisor to respond on your behalf.