Understanding personal and corporate tax deadlines is essential for individuals, organizations, and businesses to stay compliant with the Canada Revenue Agency (CRA) and avoid unnecessary penalties or interest charges. At Ravinder Ahlawat CPA, we provide guidance to help you meet all deadlines and simplify the tax filing process. This guide highlights important filing and payment deadlines for 2026, with clear guidance and examples to make the information easy to follow.

Missing a deadline can result in significant financial consequences, so planning ahead and staying organized throughout the year is crucial.

Most Individuals (Non–Self-Employed)

April 30, 2026:

  • File your 2025 personal income tax return.
  • Pay any balance owing for 2025 taxes.

Note: If you or your spouse/common-law partner passed away during the year, filing deadlines may differ. Refer to CRA guidance for final return due dates.

Individuals with Self-Employment Income

April 30, 2026:

Deadline to pay any tax owing.

June 15, 2026:

Deadline to file your 2025 personal income tax return if you or your spouse/common-law partner are self-employed.

Note: Special provisions apply for deceased persons; consult CRA guidance if applicable.

March 2, 2026:

  • File T4/T5 slips for the 2025 calendar year.
  • Employers must issue slips to employees and the CRA by this date.
  • February 28, 2026, falls on a Saturday, so the deadline is adjusted to the next business day.

General Guidance

  • Corporate income tax returns (T2) are due six months after the corporation’s fiscal year-end.
  • Example: A December 31, 2025 year-end → T2 filing due June 30, 2026.
  • CRA typically extends deadlines to the next business day if they fall on weekends or holidays.

T4 and T5 Slips

  • March 2, 2026: Deadline to file T4/T5 information returns for the 2025 year.

  • Registered charities must submit Form T3010 annually, within six months of their fiscal year-end.
  • Example: December 31, 2025 year-end → filing deadline June 30, 2026.
  • T4 slips are due March 2, 2026.

  • Must file T2 Corporate Income Tax Return annually.
  • May also need to file T1044 Non-Profit Organization Information Return depending on circumstances.
  • Federally incorporated NPOs with revenue over $250,000 may require an audit.
  • T4 slips are due March 2, 2026.

  • Filing depends on the type of partners:
    • March 31, 2026: If all partners are individuals.
    • Five months after fiscal year-end: If all partners are corporations.
    • Other cases: Earliest of March 31, 2026, or five months after fiscal year-end.
  • Deadlines are extended to the next business day if they fall on a weekend or CRA-recognized holiday.

  • Contribution deadline for 2025 tax year: March 2, 2026.
  • Last day to contribute to your own RRSP: December 31 of the year you turn 71.
  • Contribution limit: Lesser of 18% of previous year’s pre-tax earnings or CRA annual maximum, plus any unused room carried forward.

  • 2025 contribution limit: $7,000.
  • Cumulative contribution room: $102,000 through 2025, $109,000 through 2026 (excluding withdrawals).

  • File T3 returns and related slips no later than 90 days after the trust year-end.
  • Example: Calendar year-end December 31, 2025 → T3 due March 31, 2026.
  • Bare trusts: No T3 filing required for 2025 unless CRA requests it.

Penalties:

  • Late filing: 5% of tax owing + 1% per month up to 12 months → total 17%.
  • Repeat late filers: 10% + 2% per month up to 20 months → can reach 50% in extreme cases.

Interest:

  • Charged daily on unpaid balances; CRA prescribed rate (Dec 2025) is 10%.

Example:

  • A repeat late filer owing $5,000, 20 months late → could owe ~$8,900 including interest and penalties.

To avoid late fees or interest:

  • Mark all CRA deadlines on your calendar.
  • Track income, expenses, and payments using accounting software.
  • Work with a professional accountant to ensure accurate filings and optimize deductions.
  • Check your CRA business account regularly for alerts.

Canadian businesses and individuals can get professional help with tax filings, planning, and CRA compliance by contacting Ravinder CPA. Speak directly with a trusted advisor by calling 905‑247‑8001 or emailing ravinder@ravindercpa.com.

Disclaimer: This guide provides general information for 2026 Canadian tax deadlines and does not constitute personalized tax advice. Consult Ravinder CPA for guidance specific to your situation.