According to CRA, the personal income tax filing deadline for the 2022 tax year is May 1, 2023 (normally the date would be April 30, but it falls on a Sunday this year). If you are self-employed, you may submit your income tax return on or before June 15, 2023. Note that any outstanding payments to CRA must be received by May 1, 2023, to avoid interest charges.
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CRA publishes prescribed interest rates each quarter. If you are in arrears to the government, for example, late in paying your income tax instalment, you will be charged interest.
This new online form was created to make applying for the DTC an easier and more efficient process. Applicants no longer need to print out the form and take it to their doctor.
CRA publishes prescribed interest rates each quarter. If you are in arrears to the government, for example, late in paying your income tax instalment, you will be charged interest.