Income tax Dates
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MAR 31Final date for ratio option provisional tax applications.
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APR 7End-of-year income tax and Working for Families bills are due if you have an extension of time to file your income tax return.
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MAY 7Provisional tax payments are due if you have a March balance date and use the standard, estimation or ratio options.
At the end of the tax year, you can claim expenses depending on what type of income you receive.
Claiming expenses incurred in generating income reduces your taxable income, which lowers the total amount of tax you need to pay. It’s important to claim the correct expenses to make sure you pay the right amount of tax at the end of the year.
Claiming expenses incurred in generating income reduces your taxable income, which lowers the total amount of tax you need to pay. It’s important to claim the correct expenses to make sure you pay the right amount of tax at the end of the year.
Last updated:
25 Sep 2024