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by Jeremy
April is a busy month as Canadians rush to file their taxes by the April 30th deadline. If you still need to file, you need to read this. File on time, regardless: always file on time even if you don’t owe any money. Late penalties are only applicable if you’re late and owe money, but without filing on time, you can’t make accounts for unexpected things to come up. CRA has strict rules on the filing deadline! Late-comers can miss out on government benefits and credits such as the Canada child benefit and GST/HST credits. Also, the earlier you file, the sooner you get that refund (if you’re…
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