As recently announced on April 8th by The Government of Canada to combat COVID-19, Corporation & Trust Filing Deadlines were extended for companies with a filing due date before June 1st, 2020. This deadline has since been extended.
As of May 25th, 2020, The Government of Canada has now extended both Corporation & Trust Filing Deadlines to September 1st, 2020. This will allow companies with deadlines in June, July, and August to be included.
|Return Type||Previous Filing Deadline||2020 New Filing Deadline||2020 Payment Deadline|
|T2 Corporate Income Tax Return for Dec 31, Jan 31 or Feb 28 year-end||June 30, July 31, Aug 31 respectively||September 1, 2020, for all||September 1, 2020, for any income tax balance due on or after March 18, 2020, and before September 1, 2020.|
|T3 Trust Income Tax Return for March 31, April 30, or May 31 year-end||June 30, July 31, Aug 31 respectively||September 1, 2020, for all||September 1, 2020, for any income tax balance due on or after March 18, 2020, and before September 1, 2020.|
Source: Government of Canada
Please note that the Government of Canada’s changes only affects your current tax year. Claims with an 18-month deadline must be filed by their original deadline or will be lost.
Braithwaite will continue to monitor the effects of COVID-19 on filing deadlines.
900-2235 Sheppard Ave E
Toronto, ON M2J 5B5
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.