When it comes to managing your taxes in Canada, adhering to the CRA tax deadlines is essential. Missing these dates can result in hefty penalties and interest charges.
Staying on top of the tax deadlines ensures you avoid unnecessary costs and get any refunds promptly.
To help you navigate the 2025 tax season, we’ve compiled all the important CRA tax deadlines and filing tips you need.
When Can I File My Taxes in 2025?
Tax Filing Deadline for Individual Tax Returns
The deadline for filing your 2024 individual tax return is April 30, 2025.
If this date falls on a weekend, the Canada Revenue Agency (CRA) extends the deadline to the next business day. For those wishing to file early, the NETFILE service opens on February 24, 2025, allowing you to submit your return electronically.
If you prefer to mail your return, make sure it is postmarked or received by the CRA by the due date. Electronic filers must submit their returns by midnight local time on April 30, 2025.
Tax Filing Deadline for Self-Employed Individuals
Self-employed individuals have until June 16, 2025, to file their returns. Since June 15 is a Sunday, the deadline is extended to the following Monday.
However, tax payments are still due by April 30, 2025, to avoid interest charges.
Important CRA Tax Deadlines for 2025
Filing Deadlines for 2024 Taxes
| Deadline | Tax Requirement |
|---|---|
| March 3, 2025 | Deadline to contribute to RRSP, PRPP, or SPP for the 2024 tax year. |
| April 30, 2025 | Deadline for individuals to file taxes. |
| June 16, 2025 | Deadline for self-employed individuals and their spouses/common-law partners. |
Payment Deadlines for 2024 Taxes
| Deadline | Tax Requirement |
|---|---|
| April 30, 2025 | Deadline to pay any taxes owed to the CRA. |
Business Tax Deadlines
- Sole proprietors and partnerships must file by June 16, 2025, if their fiscal year coincides with the calendar year.
- For incorporated businesses following a non-calendar fiscal year, the filing deadline is six months after the fiscal year-end.
Tax Filing Deadlines for Final Tax Returns
In the unfortunate event of a taxpayer’s passing, the legal representative must file the deceased’s final tax return:
- If the individual passed between January 1 and October 31, 2024, their return is due by April 30, 2025.
- If the individual passed between November 1 and December 31, 2024, the 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. However, interest on any owed taxes will begin to accrue 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 charge:
- A 5% penalty on the balance owed.
- An additional 1% per month for up to 12 months.
Interest will also accumulate daily on any unpaid amounts.
Late Filing Penalties for Self-Employed Individuals
Self-employed individuals face specific late penalties for missed deadlines:
- A 10% penalty for the first failure to remit payroll taxes.
- A 20% penalty for repeated failures.
- Late GST/HST remittance penalties start at 3% and can increase up to 20%.
Installment Payment Deadlines
If you make tax installment payments throughout the year, the due dates for 2025 are as follows:
| Installment Date | Payment Requirement |
|---|---|
| March 15, 2025 | First installment due. |
| June 15, 2025 | Second installment due. |
| September 15, 2025 | Third installment due. |
| December 15, 2025 | Fourth installment due. |
How to File Your Taxes in Canada
The CRA offers several options for filing your taxes:
1. Certified Tax Software (NETFILE)
- Who Can Use It: Canadian residents.
- Cost: Free or varies by provider.
- Processing Time: Typically within 2 weeks.
2. Authorize a Representative
- Who Can Use It: Anyone.
- Cost: Free or varies.
- Processing Time: Typically 2 weeks.
3. Community Volunteer Tax Clinics
- Who Can Use It: Low-income individuals with simple tax situations.
- Cost: Free.
- Processing Time: Typically 2 weeks.
4. Tax Preparers (Discounters)
- Who Can Use It: Anyone.
- Cost: Varies.
- Processing Time: Immediate discounted refund.
5. Paper Tax Returns
- Who Can Use It: Anyone.
- Cost: Free.
- Processing Time: 8 weeks (if filed on time).
What Happens if You Don’t File on Time?
Failing to meet the CRA deadlines can result in significant penalties and interest charges. Moreover, delays in filing can also hinder your eligibility for important benefits, such as the Canada Child Benefit (CCB) or the GST/HST credit.
To avoid these consequences, file your taxes before April 30, 2025. Even if you are unable to pay the full amount owed, filing your return on time will prevent additional late filing penalties.
Meeting CRA tax deadlines is essential for Canadians to avoid penalties and ensure they receive any refunds or benefits on time. Whether you’re an individual taxpayer, self-employed, or a business owner, keeping track of key deadlines throughout 2025 will help you stay on top of your tax responsibilities. Timely filing and payment will allow you to avoid unnecessary costs and ensure a smooth tax season.