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Filing on time—and the costs of being late (April 2011)

This entry was posted in 2013 and tagged by numberplus. Give the Comment.

It may seem like an obvious mistake to avoid, but every year some taxpayers pay unnecessary (and non-deductible) penalties and interest for no reason other than that they simply didn’t get their returns in on time. For the record, a 2012 personal tax return is late-filed if it isn’t sent to the Canada Revenue Agency (CRA) on or before April 30, 2013 or, if you or your spouse are self-employed, on or before June 15th. Read More..

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