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Coronavirus Impacts Income Tax Filing and Payment Dates

There have been a lot of updates from the Federal government in the wake of the Coronavirus global pandemic. Here are some of the important announcements



Federal government COVID-19 tax updates

March 31, 2020

  • CRA posts revised income tax deadline list – As many of you know, the CRA had posted a list of income tax deadlines over the weekend. This list now incorporates the deadline extensions announced on March 26 and 27, 2020.

  • Deadlines for GST returns – Despite comments made by the Quebec government, the federal government has not announced an extension for GST returns. We are expecting a statement from them soon to clarify this issue.


Update: March 30, 2020

Update on wage subsidy

The Prime Minister announced a few details on the 75 per cent wage subsidy that will be available to qualifying Canadian businesses. According to the federal government, if an employer’s revenue has decreased by 30 per cent as a result of the COVID-19 pandemic, that business will be eligible for the wage subsidy. The federal government has said that it will cover 75 per cent of the first $58,700 of income earned, which works out to $847 per week. This subsidy will be retroactive to March 15, 2020. The Prime Minister also advised that the wage subsidy will apply to all non-profit organizations, charities, and companies of all sizes. We anticipate that partnerships and sole proprietors will also be eligible based on Bill C-13 even though the Prime Minister did not mention these employers specifically. More substantive details are expected to be announced.


Update: March 27, 2020

The government announced additional support for businesses and employees. The tax measures announced include:

  • Enhanced wage subsidy – The wage subsidy rate will be increased to 75 per cent from 10 per cent for qualifying businesses. More details, presumably including revised per employee and per employer limits, should follow soon.  

  • GST deferral – Generally, GST/HST remittances can now be deferred until June 30, 2020. Deferrals will similarly be available for customs duty and sales taxes for importers. It is unclear whether GST/HST returns will have to be filed while the deferral is in effect and we are following up with the government. 

  • Income tax filing and payment dates: CRA and COVID-19 (This information was taken off the CRA website)

  • Penalties and interest will not be charged if the deferred payment requirements are met by September 1, 2020. Penalties and interest relief will be considered on a case-by-case basis for income tax balances that are not covered by the COVID-19 relief provisions described below.




Income tax filing and payment dates: CRA and COVID-19 (This information was taken off the CRA website)

Penalties and interest will not be charged if the deferred payment requirements are met by September 1, 2020. Penalties and interest relief will be considered on a case-by-case basis for income tax balances that are not covered by the COVID-19 relief provisions described below.


Individuals – Due dates

 Filing date for 2019 tax year --- June 1, 2020 extended

 Payment date for 2019 tax year --- September 1, 2020 extended

Includes the June 15, 2020, instalment payment for those who have to pay by instalments.



Self-employed and their spouse or common law partner – Due dates

Filing date for 2019 tax year --- June 15, 2020 unchanged

Payment date for 2019 tax year --- September 1, 2020 extended

Includes the June 15, 2020, instalment payment for those who have to pay by instalments.



Corporations – Due dates

Filing date for current tax year --- June 1, 2020 extended Applies to corporations that would otherwise have a filing due date after March 18 and before June 1, 2020.

Payment date for current tax year --- September 1, 2020 extended Applies to balances and instalments under Part 1 of the Income Tax Act due on or after March, 18 and before September 1, 2020.



Trusts – Due dates

Filing date for current tax year (including the associated T3 information return) --- May 1, 2020 extended Applies to trusts with a tax year end date of December 31, 2019

June 1, 2020 extended Applies to trusts that would otherwise have a filing due date in April or May.

Payment date for current tax year --- September 1, 2020 extended Applies to income tax balances and instalments due on or after March 18 and before September 1, 2020



Charities – Due dates

Filing date --- December 31, 2020 extended Applies to charities with Form T3010 due between March 18, 2020 and December 31, 2020

Payment date

Not Applicable



Part XIII non-resident tax – Due dates

 Filing date for the 2019 NR4 information return --- May 1, 2020 extended

 Payment date

The 15th of each month following an amount paid or credited by residents of Canada to non-resident persons. unchanged



Payroll remittances – Due dates

Payment date

See Payroll page for filing deadlines. unchanged



Information returns

Filing date for the 2019 T5013 Partnership Information Return --- May 1, 2020 extended

Filing date for the 2019 NR4, Statement of Amounts Paid or Credited to Non-Residents of Canada information return --- May 1, 2020 extended

Other information returns --- June 1, 2020 extended Applies to other information returns that would otherwise be due after March 18, 2020, and before June 2020.


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