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Five things you should know before filing 2015 income tax returns

Deadline for most Canadians to file their income tax return: May 2


 

Canada Revenue Agency

Five things to know when filing income tax returns this year:

Deadline:

The deadline for most Canadians to file their income tax return is normally April 30, but because that falls on a Saturday this year, the Canada Revenue Agency will consider it on time if returns are submitted by May 2. If you or your spouse or common-law partner were self-employed last year, you have until June 15 to file. But if you owe money, you must still pay it by May 2.

Always file a return:

Even people who have no income or only made a small amount last year and don’t owe any tax should file an income tax return. They may be eligible for a refund or other benefits such as the goods and services tax/harmonized sales tax credit.

New this year:

The Canada Revenue Agency is making it easier this year to prepare income tax returns. People are allowed to use a new auto-fill service to fill in tax information for 2015, depending on the software they use.

Changes:

Were there any big changes in your life in 2015? Did you get married, have a child or maybe move across the country to take a new job? These could mean changes in your income tax return this year.

Need help?

People don’t need to pay an accountant for help doing their tax returns. The Community Volunteer Income Tax Program has been helping Canadians with modest income and a simple tax situation prepare their tax returns for more than 40 years.

 


 
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