The Following includes a list of deadline dates that apply to Canadians. To avoid penalties you should mark these days on your calendar so they are not forgotten and missed.
| Description: |
Date: |
| Individual Income Tax Return for 2019 (T1 return) |
April 20, 2020 |
| Individual who has self-employment income |
Payment date - April 30, 2020
Filing date - June 15, 2020 |
| Corporate Income tax return (T2 return) |
Payment - 3 months after fiscal year end
Filing - 6 months after fiscal year end |
| Slips and Summary Information Filings: |
| T4/T4A Information Returns |
February 28, 2020 |
| T5/T5 Summary |
February 28, 2020 |
| T5018 Contractor Reporting
(Construction Industry) |
6 months after end of fiscal year |
| HST Remittances and Returns |
| Annual filers
|
3 months after the end of fiscal year |
| Monthly and Quarterly filers
|
1 month after the end of each reporting period |
| Individual annual reporters
|
Payment must be made by April 30, 2020
Return must be filed by June 15, 2020 |
| Registered Retirement Savings Plan (RRSP)
|
A contributed to the RRSP made by February 28, 2020 would be considered deductible for 2019.
(Contribution cannot be made after the year a person reached the age of 71). |
| Trust Returns |
Returns must be filed within 90 days of the trust fiscal year end. |
| Deceased Taxpayer |
The deadlines for filing such returns is as following
- Death January 1 to October 31 - Deadline is April 30 in the year following death
- Death November 1 to December 31 - 6 months after date of death
|
| ON Income Tax Brackets Combined Federal and Provincial Tax Rates 2019 Taxable income |
| Taxable Income |
Tax Brackets & Rates |
| Up to $43,906 |
20.05% |
| $43,906 to $47,630 |
24.15% |
| $47,630 to $77,313 |
29.65% |
| $77,313 to $87,813 |
31.48% |
| $87,813 to $91,101 |
33.89% |
| $91,101 to $95,259 |
37.91% |
| $95,259 to $147,667 |
43.41% |
| $147,667 to $150,000 |
46.41% |
| $150,000 to $210,371 |
47.97% |
| $210,371 and $220,000 |
51.97% |
| $220,000 and Over |
50.53% |
