I am a little late in posting the key dates this year, but better late than never, the following are several key dates in 2015 for both individuals and corporations. These dates are important, because if these deadlines are missed you may be subject to costly fines and penalties.
Important Dates:
January 15 – Remittance date for fourth quarter source deductions (this is for qualifying small businesses)
January 30 – Interest payment deadline for employee loans for the previous year
January 30 – Deadline to pay interest on non-arm’s length income splitting loans
February 28 – Deadline to file 2014 T4’s and T5’s
February 28 – Deadline for filing Tax Free Savings Account election and information return.
February 28 – RRSP contribution deadline
March 15 – First quarterly installment date for 2015
March 30 – Deadline for General Trust Returns
March 31 – Deadline for partnership information returns
March 31 – Deadline to pay any 2014 penalty tax owing on excess RRSP contributions
April 15 – Deadline to File US Tax Returns
April 15 – Remittance date for first quarter source deductions (this is for qualifying small businesses)
April 30 – Deadline for personal tax returns and for taxes owing
June 15 – Deadline for Self-Employed personal tax returns
June 15 – Second quarterly installment date for 2015
July 15 – Remittance date for second quarter source deductions (this is for qualifying small businesses)
September 15 – Third quarterly installment date for 2015
October 15 – Remittance date for third quarter source deductions (this is for qualifying small businesses)
December 15 – Fourth quarterly installment date for 2015
If you have any questions related to these dates or if you need assistance with any tax or accounting needs please contact us at steve@wattsca.ca , 604 510-0156, or visit our website at https://wattsca.ca
Disclaimer: The information in the blog is for general information only and is not intended to be a substitute for professional advice. Each person’s situation is unique, and a designated professional accountant can assist you in using the information on this blog to your best advantage. The author of this blog strives, but does not guarantee, to provide information which is current and accurate. Due to the nature of the information, it should not be relied upon for decision making without talking to a designated professional accountant. By obtaining information from this blog, you fully release Watts Advisors Ltd., Chartered Accountants of any liability that may arise from using this information.
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