How to File Late Canadian Taxes
It is important to file taxes with Canada Revenue Agency on time to avoid late-filing penalties. The deadline for filing taxes is April 30th. For self-employed taxpayers, the deadline is June 15th . For anyone filing for a taxpayer who has died, the deadline is April 30th for the prior tax year. The deadline is June 15th when filing for a deceased taxpayer who was self-employed.
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Instructions
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Instructions
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File taxes with Canada Revenue Agency on time, if possible. Penalties and interest charges increase each month.
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File over the Internet using electronic filing. NETFILE is available to taxpayers who have prepared their own taxes and EFILE is available to taxpayers who hire a registered electronic filing service provider.
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Use touch-tone phone by calling 1-800-959-1110. Touch-tone service is available from the middle of February to September 30th. A Social Insurance Number and a personalized access code are required to use touch-tone service.
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File using mail service by sending a completed tax return to one of the Canada Revenue Agency regional offices. Use the envelope and label provided in the tax package.
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Follow up with Canada Revenue Agency after four to six weeks, if necessary.
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Tips & Warnings
Canada Revenue Agency charges compound daily interest beginning May 1st of the tax year on unpaid amounts.
The late charge is 5 percent of the balance owing, plus 1 percent of the balance owing for every month the return is late.
This charge extends to a maximum of 12 months.
For taxpayers showing a late-filing penalty for any of the three years preceding the current tax year, Canada Revenue Agency charges 10 percent of balance owing.
In addition, there is a charge of 2 percent of the balance owing for the current tax year.
This late-filing penalty, which extends to 20 months, is charged for each month the return is late.
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