Last updated: March 31 2021

Mark Your Tax Calendar: Important April Tax Milestones

April is a month full tax milestones with the pinnacle being the April 30 tax filing deadline for individuals.  Note that for businesses, the final application deadline for Canada Emergency Business Accounts (CEBA) loan ended March 31. Here’s a handy tax milestones calendar from Knowledge Bureau for the month of April, excerpted from the Knowledge Bureau Advanced Tax Update Course. 

March:

  • March 31: Tax filing due date for trusts with Dec. 31 year end,  T3 slips due, File Form T1-OVP for Excess RRSP, PRPP, SPP Contributions, final date to apply for CEBA loans

April:

  • Apr 5:CWB Advance, GST/HST Credit, CCB payment
  • April 15: US tax filing deadline.US persons in Canada Tax filing, Form 8938, 4868
  • April 22 CEWS deadline Period 8 Sept 27–Oct 24/20
  • April 30: T1 individual tax filing deadline
    • Form T1135, Foreign Income Verification Statement
    • T1ADJ - Late elections for pension income splitting for 2017 expire April 30, 2021
    • T400A: Notice of Objection File on the later of one year after filing due date or 90 days after receipt of Notice of Assessment or Reassessment or Determination

Additional educational resources: The Advanced Tax Update and Pandemic Course was the online study component of a Virtual CE Summit. Knowledge Bureau has its next event coming up on May 20 with the 2021 Retirement and Estate Planning Update, which will include an authoritative analysis of the April 19, 2021 Federal Budget.