Answer: No, if the total taxes owing for the year are less than $3,000.
5) Q: Do I still need to pay an instalment on my personal taxes, if my circumstances and income have changed from the prior year?
Answer: The instalment letters are based on last year’s assessment of your personal taxes. The payments are mandatory and NEED to be made to avoid installment interest.
Answer: All tax liabilities owed to the CRA on your personal taxes, are due by April 30th.
2) Q: My Spouse carried on a sole-prop business during the year. When is the deadline to file my taxes?
Answer: If you or your spouse carried on a sole-prop business during the year, you have until June 15, 2018 for you both to file your personal taxes.
Answer: To file your Personal income tax returns, you have until 30th April.