Canadian tax deadline 2025 approaches

Canadian tax deadline 2025 approaches.

Canadian tax deadline 2025 approaches

CRA Tax Deadlines 2025: One of the most critical responsibilities for taxpayers in Canada is filing their tax returns on time.

The Canada Revenue Agency (CRA) enforces strict deadlines for submitting tax returns and making payments.

Missing these deadlines can result in interest charges and penalties, while filing early ensures you receive your refund sooner.

To make tax season easier for you, we’ve compiled all the essential tax deadlines for 2025 in one place.

When Can I File My Taxes in 2025?

Tax Filing Deadline for Individual Tax Returns

The deadline for filing your 2024 tax return is April 30, 2025.

The CRA typically requires individual taxpayers to submit their tax returns by April 30 each year.

However, if this date falls on a weekend, the deadline is extended to the next business day.

For early filers, the CRA’s NETFILE service opens on February 24, 2025, allowing taxpayers to submit their returns electronically.

If you choose to mail your return, ensure it is received or postmarked by the due date. Electronic filers must submit their return by midnight local time on April 30, 2025.

Tax Filing Deadline for Self-Employed Individuals

Self-employed taxpayers have until June 16, 2025, to submit their tax returns. Since June 15 falls on a Sunday, the deadline is extended to the following Monday.

However, any taxes owed must still be paid by April 30, 2025, to avoid interest charges.

Important CRA Tax Deadlines in 2025

Here are the key tax-related deadlines you need to be aware of for the 2025 tax season:

Filing Deadlines for 2024 Taxes

  • March 3, 2025 – Deadline to contribute to an RRSP, PRPP, or SPP for the 2024 tax year
  • April 30, 2025 – Tax filing deadline for individuals
  • June 16, 2025 – Tax filing deadline for self-employed individuals (and their spouses/common-law partners)

Payment Deadlines for 2024 Taxes

  • April 30, 2025 – Deadline to pay any taxes owed to the CRA

Business Tax Deadlines for 2025

For sole proprietors and partnerships, the tax filing deadline is June 16, 2025, if their fiscal year aligns with the calendar year.

Incorporated businesses that follow a non-calendar fiscal year must submit their returns six months after the end of their fiscal year.

Tax Filing Deadlines for Final Tax Returns

If a taxpayer passes away, their legal representative is responsible for filing the deceased’s final tax return.

If the individual passed away between January 1 and October 31, 2024, their tax return is due by April 30, 2025.

If they passed away between November 1 and December 31, 2024, their tax return is due six months after the date of death.

If the deceased or their spouse was self-employed, the filing deadline extends to June 16, 2025, but interest on any balance owed begins accruing from April 30, 2025.

Penalties for Late Tax Filing

Late Filing Penalties for Individuals

If you file your tax return late and owe taxes, the CRA will impose a penalty of 5% of the balance owed plus an additional 1% per month for up to 12 months.

Interest accrues daily on unpaid amounts.

Late Filing Penalties for Self-Employed Individuals

Small business owners must also meet payroll tax obligations and GST/HST remittances. Late filing penalties include:

10% penalty for the first payroll deduction failure

20% penalty for repeated failures

Late GST/HST remittances penalties starting at 3% and increasing up to 20%

Installment Payment Deadlines

If you make tax installment payments throughout the year, the due dates for 2025 are:

  • March 15, 2025
  • June 15, 2025
  • September 15, 2025
  • December 15, 2025

How to File Your Taxes in Canada?

The CRA provides multiple ways to file your taxes:

1. Certified Tax Software (NETFILE)

Who Can Use: Canadian residents

Cost: Free or varies by provider

Processing Time: Typically within 2 weeks

2. Authorize a Representative

Who Can Use: Anyone

Cost: Free or varies

Processing Time: Typically 2 weeks

3. Community Volunteer Tax Clinics

Who Can Use: Low-income individuals with a simple tax situation

Cost: Free

Processing Time: Typically 2 weeks

4. Tax Preparers (Discounters)

Who Can Use: Anyone

Cost: Varies

Processing Time: Immediate discounted refund

5. Paper Tax Returns

Who Can Use: Anyone

Cost: Free

Processing Time8 weeks (if filed on time)

What If I Don’t File My Taxes on Time?

Failing to file on time can lead to interest charges, penalties, and even delays in receiving benefits such as the Canada Child Benefit (CCB) or the GST/HST credit.

To avoid unnecessary costs, file your return before the April 30, 2025 deadline.

Even if you can’t pay in full, submitting your return on time helps you avoid late filing penalties.

Understanding and meeting the CRA’s tax deadlines is crucial to avoid financial penalties and ensure you receive any refunds or benefits on time.

Whether you are an individual, self-employed, or a business owner, being aware of key tax deadlines in 2025 will help you stay compliant and stress-free.

GFK Immigration
Gboyega Esan RCIC R708591
Phone: +1 (647) 225-0092

#NewBrunswick #studyincanada #studyabroad #canada #studyinuk #studyinaustralia #ielts #studentvisa #studyinusa #studyvisa #immigration #canadavisa #visa #education #internationalstudents #overseaseducation #study #canadaimmigration #highereducation #studyoverseas #canadastudyvisa #immigrationconsultant #australia #university #workpermit #canadapr #expressentry #studyineurope #immigrationcanada #studyingermany

Scroll to Top