Tax Deadlines

Keep on top of your tax deadlines and ensure you’re well prepared for any due dates. Find all of the Canadian and U.S., corporate and individual tax deadlines below, in an up-to-date calendar prepared by our team of tax consultants for you.

Calendar
DATE
TAX DEADLINES
Jan 30
Deadline for the borrower to pay interest on a loan to a family member or family trust to avoid the income being attributed back to the lender
Feb 2
To pay Vancouver property taxes and file the Empty Homes Tax declaration
Feb 24
To claim for CEWS, CRHP and CERS for August 1 – 28, 2021
Feb 28*
To file T4s, T4As, T4A-NRs, and T5s with the CRA
Mar 1
To contribute to your RRSP 2021 limit is $27,830; 2022 is $29,210 (capped at 18% of your prior year’s earned income)
Mar 15
To pay the first 2022 personal income tax installment
Mar 24
To claim for CEWS, CRHP and CERS for August 29 – September 25, 2021
Mar 31
To file NR4s (payments to non-residents) with the CRA
Mar 31 (March 30 if a leap year)
To file T3 Trust returns with the CRA (see Note 1)
Mar 31
To file T5013 Partnership Information Returns with the CRA (unless all partners are corporations, then 5 months after the fiscal year)
Mar 31
To file GST returns for companies with December 31 year-ends, annual filers
Mar 31
To file BC Speculation and Vacancy Tax declarations
Mar 31
Businesses: To make, be invoiced and pay for eligible purchases for the BC PST rebate (see September 30 application deadline below)
Apr 15*
US deadlines:
• To file U.S. individual income tax returns for 2021 or 6-month extension requests
• To file 2021 Report of Foreign Bank and Financial Accounts, FinCEN report 114 (formerly FBAR), for US citizens living in Canada
Apr 21
To claim for CEWS, CRHP and CERS for period September 26 – October 23, 2021
Apr 30*
To file personal income tax returns for 2021 (including foreign reporting T1135, T1141/T1142; see Note 1 for foreign affiliates) where the taxpayer or taxpayer’s spouse/common-law partner does not have self-employed business income
May 19
To claim for CRHP, THRP and HHBRP for October 24 – November 20, 2021
Jun 15
To pay the second 2022 personal income tax installment
Jun 15
To file personal income tax returns for 2021 (including T1135 foreign reporting) where the taxpayer or taxpayer’s spouse/common-law partner has self-employed business income
Jun 15
To file GST/HST returns for self-employed individuals with a December 31 year-end
Jun 15
To file 2021 US individual income tax returns for US citizen or resident alien residing abroad and US nonresident with no withholding tax
Jun 16
To claim for CRHP, THRP and HHBRP for November 21 – December 18, 2021
Jun 30
Companies to file their T2 return for December 31 year-ends (see Note 1)
Jun 30
Non-residents to file their elective Canadian tax return for Canadian source rent**, pension income, and acting income
Jul 4
BC Speculation Tax declarations and tax owing (if any)
Jul 14
To claim for CRHP, THRP and HHBRP for December 19, 2021 – January 15, 2022
Aug 11
To claim for CRHP, THRP and HHBRP for January 16 – February 12, 2022
Sep 8
To claim for CRHP, THRP and HHBRP for February 13 – March 12, 2022
Sep 15
To pay the third 2022 personal income tax installment
Sep 30
Businesses: To apply for the BC PST rebate (see March 31 above)
Oct 6
To claim for CRHP, THRP and HHBRP for March 13 – April 9, 2022
Oct 15
US deadlines:
• Extended 2021 US individual income tax return (1040)
• Extended 2021 Report of Foreign Bank and Financial Accounts
Nov 3
To claim for CRHP, THRP and HHBRP for April 10 – May 7, 2022
Dec 15
To pay the fourth 2022 personal income tax installment
Dec 27 (US) Dec 28 (CAN)
Last trading day to settle a trade in 2022 for Canadian tax loss selling (may change – please check with your investment advisor/broker)
Dec 31*
To contribute to Registered Education Savings Plans (RESP)
Dec 31*
To make charitable donations for calendar year 2022

*If the deadline falls on a Saturday, Sunday or a holiday, taxpayers have until the next business day to file.
**If filed, NR6 for rental income to reduce withholdings the required (not elective)

Note 1:

Deadlines that are dependent on the fiscal year include:

  • T2 Corporation Income Tax returns – due 6 months after the fiscal year (watch for earlier deemed year-ends)
  • T106 Transactions with non-arm’s length non-residents – due at the same time as the T2 return
  • T1135 Foreign reporting of foreign assets (other than foreign affiliates – due at the same time as the T2 return
  • T1134 Foreign reporting for foreign affiliates – for taxation beginning in 2021 or later, now due 10 months after the year-end (e.g., due October 31, 2022 for a December 31, 2021 year-end)
  • T3 Returns for estates with a non-calendar year – due 90 days after the fiscal year
Note 2:

Federal COVID-19 relief:

Note 3:

BC COVID-19 relief:

More information on loans, grants, and other supports, as well as links to some of the federal benefits listed above, can be found on the Government of British Columbia Economic Recovery page.