Immigrate to Canada and stay updated with the latest news! We are currently in the midst of the "tax filing season," which is of utmost concern to Canadian immigrants. Traditionally, the tax filing deadline is April 30th of each year. However, since April 30th falls on a Saturday this year, the Canada Revenue Agency has extended the tax filing deadline to midnight on May 2nd.
Therefore, as long as the Canada Revenue Agency receives the tax return by midnight on May 2nd, or the postmark on the envelope indicates that the return was mailed on or before May 2nd, it will be accepted. Additionally, the tax filing deadline for self-employed individuals and their spouses or common-law partners is June 15th; however, they are still required to pay any taxes owed by May 2nd. Failure to file a tax return on time may result in penalties in addition to affecting tax refunds.
Worldway Group Reminder: In addition to the aforementioned schedule changes, there have been some adjustments to Canada's tax policies in 2016. Immigrants can review these on the official Canada Revenue Agency website and should carefully check them before filing. As a leading institution in the immigration industry with 18 years of experience, Worldway Group has a comprehensive settlement and landing customer service team that provides professional and attentive service, covering every minor detail of the immigration process to help our new immigrant friends integrate into local life as quickly as possible. More consultation hotlines: 400-138-2929
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