What are the key CRA tax deadlines for self-employed Canadians?

Self-employed Canadians have different deadlines compared to salaried employees. Key dates for the 2024 tax year: **30 April 2025** — Balance owing due. Any tax balance (income tax + CPP) for 2024 must be paid by this date to avoid interest charges. **15 June 2025** — T1 filing deadline for self-employed individuals (and their spouses/common-law partners). Note: even though you have until 15 June to file, interest accrues from 30 April on any unpaid balance. **GST/HST deadlines** — Annual filers with a December 31 year-end must file and remit by 30 April. **Instalment deadlines** (if required): 15 March, 15 June, 15 September, 15 December. Instalments are required if your net tax owing exceeds C$3,000 (C$1,800 in Quebec). Late filing penalties: 5% of balance owing + 1% per month for up to 12 months. Repeat late-filers face higher penalties (10% + 2% per month).

  • Balance due: 30 April 2025 (for 2024 taxes) — interest accrues from this date
  • T1 filing deadline: 15 June 2025 (self-employed)
  • GST/HST annual return: 30 April (calendar year-end businesses)
  • Quarterly instalments: March 15, June 15, September 15, December 15
  • Late filing penalty: 5% of balance + 1% per month (up to 12 months)

Related Questions

  • When does the Canadian tax year start and end?
  • When do self-employed Canadians need to pay tax by instalment?
  • How do I file my GST/HST return in Canada?