Income tax filing can feel overwhelming, but using helpful tax services makes it easier. The deadline to submit your income tax return is usually April 30th, unless that date falls on a weekend or holiday, then the next business day applies. If you or your spouse are self-employed, you have until June 15, 2025, but since this falls on a Sunday, the Canada Revenue Agency (CRA) will consider it on time if received by June 16, 2025. Make sure to organize all your tax documents, including T4 slips and receipts, before filing.
Due Date
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Description
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March 3, 2025
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Last day to contribute to RRSP, PRPP, or SPP
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April 30, 2025
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Last day to file and pay taxes
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June 15, 2025
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Last day for self-employed tax filing
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What New Tax Benefits and Credits Are Available?
The government has introduced new tax credits that a tax accountant can help you claim. Here are a few key benefits:
- Canada Training Credit – A refundable tax credit for eligible tuition and fees.
- Climate Action Incentive – A financial incentive to offset carbon pricing costs.
- Digital News Subscription Tax Credit – A credit for subscribing to digital news outlets.
What Key Tax Benefits Should You Consider?
When using tax services, ensure you take advantage of available benefits:
- Canada Child Benefit (CCB) – A tax-free monthly payment to help families with children under 18.
- GST/HST Credit – A quarterly tax-free payment to help lower-income families.
- Canada Workers Benefit (CWB) – A refundable tax credit for low-income workers.
- Disability Tax Credit (DTC) – A non-refundable credit for individuals with disabilities.
- Medical Expenses Tax Credit – A deduction for eligible medical expenses paid.
How Can the CRA Help You File Taxes?
The CRA offers digital tax services to help Canadians file their taxes with ease. Account portal lets you view tax slips, past notices, and benefit details. There are also free tax clinics where volunteers assist individuals with modest incomes.
If you owe money, payment options include online banking, credit cards, and pre-authorized debit. If you cannot pay in full, you can set up a payment plan with the CRA to avoid penalties.
How to Stay Safe from Tax Scams?
During tax season, fraud attempts increase. Be cautious of emails, phone calls, or text messages claiming to be from the CRA asking for personal details. The CRA will never threaten you or demand immediate payments through gift cards or cryptocurrency. Always verify communications through your CRA account or official phone numbers.
By staying informed and using the right tax accountant or services, you can make income tax filing a smooth process while maximizing your benefits