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[vc_row][vc_column][vc_custom_heading text=”Important information for income tax filing” font_container=”tag:h2|text_align:left|color:%23dd1111″][vc_column_text]The tax filing season for the year 2017 is open. The information provided below will help you to prepare documents for timely submission of documents.

Documents necessary for filing your income tax declarations

Type of income or expense Remitting body Canada Quebec Date of reception
Employment Employer T4 RL-1 Until end of February
Bursary Aide financiere au etudes T4A RL-1 Until end of February
Pension Regie de rentes du Quebec T4AP RL-1/RL-2 Until end of February
Pension Service Canada T4AOAS RL-1/RL-2 Until end of February
Unemployment Service Canada/Regie de rentes du Quebec T4E T4E/RL-6 Until end of February
RRSP Bank/ financial institution T4RSP T4RSP Upon payment
Interest income Bank/ financial institution T5 RL-3 Until end of February
Employment in construction industry Employer T5018 —- Until end of February
Studies Educational institution T2202 RL-8 Until end of February
Welfare Ministere de solidarite sociale T5007 RL-5 Until end of February
Prepayment for child care services Ministere de Revenu du Quebec —- RL-19 Until end of February
Childcare expenses Childcare provider —- RL-24 Until end of February
Medical expenses Clinics, doctors, pharmacies Receipts

 

Upon receipt
Rental slip Landlord RL-31 Until end of February

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Amounts that are considered income for tax purposes Amounts that are not considered income for tax purposes
Self-employed income;
employment;
dividends;
interest and investment income
student bursary;
sale of revenue property;
pension;
french immersion courses bursary;
foreign income.
Rent allowance;
inheritance;
insurance payouts;
children alimony;
sale of private property;
awards;
Solidarity tax credit;
GST credit;
Lottery wins;
Union lockout pay;
Child allowance ;
TFSA income;
Student loan.

[/vc_column_text][vc_custom_heading text=”Important fiscal dates” font_container=”tag:h2|text_align:left|color:%23dd0808″][vc_column_text]

When to file your corporation income tax return

File your return no later than six months after the end of each tax year. The tax year of a corporation is its fiscal period.

When the corporation’s tax year ends on the last day of a month, file the return by the last day of the sixth month after the end of the tax year

When the last day of the tax year is not the last day of a month, file the return by the same day of the sixth month after the end of the tax year. Example

If your tax year ends March 31, your filing due date is September 30

If your tax year ends August 31, your filing due date is February 28.

If your tax year ends September 23, your filing due date is March 23.

When to pay your corporate balance due

Generally, all corporation taxes (except Part III and Part XII.6) charged under the Income Tax Actare due two months after the end of the tax year

When to file and pay your GST/QST

Monthly – One month after the end of the reporting period
Quarterly – One month after the end of the reporting period
Annually (except for individuals with a December 31 fiscal year-end and business income for income tax purposes) – Three months after fiscal year-end
Annually (individuals with a December 31 fiscal year-end and business income for income tax purposes) – June 15 April 30

When to file your slips and summaries

You have to file the slips information return on or before the last day of February following the calendar year to which the information return applies. If the last day of February is a Saturday, a Sunday, or a public holiday, your information return is due the next business day

When to file your personal income tax return

Generally, your return has to be filed on or before April 30, 2015.

Note

If you don’t file your return, your GST/HST credit (including any related provincial credit), Canada child tax benefit payments (including related provincial or territorial payments), and old age security benefit payments may be delayed.

 

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