Friesen Accounting
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Taxes

Taxes


Type of ReturnFiling Due DatePayment Due Date
Personal tax return (T1)
April 30April 30
Self-employed tax returnJune 15April 30
Corporation6 months after year-end3 months after year-end
Large corporation6 months after year-end2 months after year-end


Corporate Tax Instalments


FrequencyPayment Due Date
Monthly
End of the month
QuarterlyEnd of the quarter

GST


GST


Filing FrequencyFiling Due DatePayment Due Date
Annual (for sole proprietorships and partnerships / if reporting period ends December 31)
June 15April 30
Annual (for corporations)3 months after period end3 months after period end
Quarterly1 month after period end1 month after period end
Monthly1 month after period end1 month after period end


GST Instalments


FrequencyPayment Due Date
Monthly
End of the month
QuarterlyEnd of the quarter

Source Deductions


Source Deductions (for payroll)


Remitting FrequencyRemitting PeriodPayment Due Date
Monthly ($0 - 24,999.99 / month)calendar months15th of following month

Less common remitting frequencies -
Remitting FrequencyRemitting PeriodPayment Due Date
Quarterly ($0 - $2,999 / month)
(CRA will send you a notice if you qualify)
Jan 1 - Mar 31
Apr 1 - Jun 30
Jul 1 - Sep 30
Oct 1 - Dec 31
April 15
July 15
Oct 15
Jan 15
Semi-monthly / threshold 1
($25,000 - $99,999.99 / month)
1-15 of the month
16-31 of the month
25th of the same month
10th of the next month
Up to 4 times per month / threshold 2
$100,000 and up / month
1-7 of the month
8-14 of the month
15-21 of the month
22-31 of the month
3rd business day after the 7th
3rd business day after the 14th
3rd business day after the 21st
3rd business day after the 31st

Other Deadlines


RRSPs


Deductible contributions for the prior year must be made 60 days into the new year - February 29 or March 1


T4s and Other Slips


Slip TypeFiling Deadline
T4sFebruary 28
T4AFebruary 28
T5February 28
T5018 (subcontractor slips)6 months after period end (either calendar or fiscal year)


WCB


 Deadline
Estimate check (and revision if required; assessable earnings can't be above 150% of the estimate)
December 31
Annual returnFebruary 28


Agri-Stability


 Early Deadline Final Deadline
Enrollment April 30
Enrollment FeeApril 30 (no penalty)December 31 (penalty)
Supplementary FormsSeptember 30 (no penalty)December 31 (penalty)




Do you operate a farm or a business?
Get ready for tax season!

Helpful Resources


- Personal Tax Guide

- Farm and Business Books

- Deadlines List

Column

Quick Links


- How to pay your Friesen Accounting invoice

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 ph 780 928 3277   email FAL96@telusplanet.net   Friesen Accounting (1996) Ltd.   10013 -101 Ave Box 330 La Crete AB T0H 2H0


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