CRA extends tax payment deadline to Sept. 30

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The Canada Revenue Agency (CRA) is extending the payment due date for current-year individual, corporate and trust income tax returns — including instalment payments — from Sept. 1 to Sept. 30.

The CRA said Monday that it will not charge penalties and interest if payments are made by the extended deadline of Sept. 30. This includes the late-filing penalty as long as the return is filed by Sept. 30.

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Original Article Source Credits: Advisor’s Edge ,

Article Written By: Rudy Mezzetta

Original Article Posted on: July 27, 2020

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