Corporate Tax Due Dates

Corporate Tax Due Dates

When to file your corporate income tax return:

  • No later than six months after the end of each tax year
  • No later than three years after the end of the tax year to receive a tax refund

Corporation payments:

  • Generally, the balance-due date for the remainder of tax owing is two months after the end of the tax year.
  • Small CCPC the balance is due three months after the end of the tax year.

Paying current year instalments:

  • If your net corporate tax owing for the previous year is greater than $3000 you will need to pay installments
  • Generally, corporations have to pay their taxes in monthly instalments.
  • A small CCPC is eligible to make quarterly instalment payments if, at the time the payment is due:
For more information see http://www.expert-fiscaliste.org/corporate-tax-calendar/

About Expert Fiscaliste

Save Your Tax
Contact Expert Fiscaliste
Expert Fiscaliste provides Canadian and international income tax preparation and consulting services to individuals, businesses, and trusts. If you want to take advantage of our services for your tax return.  Give us a call at 514-954-9031, or visit our Contact Tax Experts page.

Authorized Business Representative 

Authorized Business Representative

Businesses can appoint Expert Fiscaliste as their Authorized Business Representative  with the Canada Revenue Agency (CRA) and we work on behalf of the business and not CRA. Authorized Business Representatives have online access to the tax information about the business.

An Authorized Business Representative is an  important advantage for business owners and their dealings with the CRA avoiding costing errors, adds professional tax skills, improves communications with CRA, and better manages the tax process overall.

For more information see this link  http://www.expert-fiscaliste.org/corporate-tax/authorized-business-representative/

About Expert Fiscaliste

Save Your Tax
Contact Expert Fiscaliste

Expert Fiscaliste provides Canadian and international income tax preparation and consulting services to individuals, businesses, and trusts.

If you want to take advantage of our services for your tax return.  Give us a call at 514-954-9031, or visit our Contact Tax Experts page.

2016 Filing due date for self employed persons

2016 Filing due date for self employed persons

If you or your spouse carried on a business in 2016 , your personal return for 2016 has to be filed on or before June 15, 2017.

However, if you have a balance owing for 2016, you have to pay it on or before April 30, 2017.

Important facts

  • If you earned self-employment income from a business you operate yourself or with a partner, you must report it.
  • Keep thorough records if you own a business or are engaged in a commercial activity. The records have to provide enough detail to determine the taxes you owe and support the benefits you are claiming, and must be supported by original documents.

http://www.expert-fiscaliste.org/individual-tax/individual-tax-calendar-interest-rates/

About Expert Fiscaliste

Save Your Tax
Contact Expert Fiscaliste

Expert Fiscaliste provides Canadian and international income tax preparation and consulting services to individuals, businesses, and trusts.

If you want to take advantage of our services for your tax return.  Give us a call at 514-954-9031, or visit our Contact Tax Experts page.

Filing due dates for the 2016 tax return

Filing due dates for the 2016 tax return

Since April 30, 2017, is a Sunday, your return will be considered filed on time if we receive it on or it is postmarked on or before May 1, 2017 http://www.expert-fiscaliste.org/2017-tax-calendar-individuals/

About Expert Fiscaliste

Save Your Tax
Contact Expert Fiscaliste

Expert Fiscaliste provides Canadian and international income tax preparation and consulting services to individuals, businesses, and trusts.

If you want to take advantage of our services for your tax return.  Give us a call at 514-954-9031, or visit our Contact Tax Experts page.

Translate »
error

Enjoy this blog? Please spread the word :)