Chartered Accountants of Ontario, Canada

 

Tax Facts

2006 Tax Filing and Payment Dates

  INDIVIDUALS  
  Instalments March 15, June 15, September 15 and December 15
  Balance of taxes April 30
  Filing deadlines  
   - Individuals April 30
   - Self-employed June 15
     
  DECEASED TAXPAYERS  
  If died between November 1 and
    - December 15
June 15
      - December 16 to 31 6 months after death
  After year-end but before filing date Filing date for previous year is extended to later
of 6 months after date of death and the filing date
that would otherwise apply
     
  NON-RESIDENTS  
  Rental  
     - File under section 216 Two years after end of year that income was earned
     - NR6 files June 30
  Pension, retirement and social assistance benefit
     - File under section 217t June 30
     
  TRUSTS  
  Inter-vivos and testamentary 90 days after trust year-end
     
  CORPORATIONS  
  Instalments  
  Federal  
     - federal tax is less than $1,000 No instalments required
     - federal tax is over $1,000 over $1,000 Last day of each month
     
  Ontario  
  Ontario income and capital tax less  
     - than $2,000 No instalments required
     - than $10,000 Last day of each quarter
     - over $10,000 Last day of each month
     
  Balance due  
  Federal and Ontario 2 months after month-end
  General Canadian-controlled Private corporation throughout the year,
eligible for small business deduction
3 months after year-end
     
  Filing deadline  
  Federal and Ontario 6 months after year-end
       
  FILING DEADLINES FOR FORMS FORM Filing deadline
  Trusts T3 90 days after trust year end
  Income T4, T-5 Last day of February
  Tax shelter partnership T5013 Last day of March
  Transactions with non- residents
and foreign property/trust

T106
T1135
T1141
T1142

T1134-A
T1134B

Individuals: April 30
Corporations: 6 months after year-end
Trusts: 90 days after trust year-end
Partnerships: Last day of March


15 months after year-end

  Notice of objection  
  Federal 90 days after mailing of date of assessment or reassessment
  Ontario 180 days after making of date of
Ontario assessment or reassessment