Deadline for tax returns in Quebec!
Don't get caught out!
Ah, the famous tax season… That time of year when we have to get out our papers, our receipts and our patience to fill out our tax returns. You may be wondering: “But when is the deadline to file my taxes in Quebec again?” Good question! Let’s take a look together so that you’re ready and the stress stays away.
The date to remember
For individuals, the deadline to file your federal and provincial income tax return is April 30 of each year. If this date falls on a weekend or a public holiday, then it is pushed back to the next working day. This year, we are therefore talking about the April 30 at 11:59 p.m. !
For self-employed workers and their spouses, the deadline is a little more lenient. They have until June 15 to submit their tax return. But be careful, this does not mean that the tax payment is postponed! If you owe taxes, the payment must still be made for the April 30 in order to avoid interest.
Why respect the deadline?
If you file late and owe the government money, be prepared to pay penalties. The penalty rate is 5% of the amount owed, plus 1% for each month that it’s late. And no one likes to give away more money than they have to, right?
Some tips to avoid stress
Prepare in advance : Make a folder where you store all your tax returns, receipts, medical bills, charitable donations, and other deductible documents. It will make the task much less stressful.
Don't overlook tax credits : In Quebec, there are several tax credits that should not be overlooked (medical expenses, studies, workers, etc.).
Ask for help if needed : If taxes make you nervous, contact us for tax preparation to save you money and avoid costly mistakes.Don't let filing your taxes become a headache. Plan a little, take your time, and above all, respect the dates! It's a somewhat thankless task, but it's part of everyday life in Quebec. And then, once it's done, you can relax knowing that you're in compliance.