Tax Deadline Canada 2012

Canada Tax Filing Deadline 2012, So there are quite a few deadlines for various things. Below you will find hopefully all the deadlines you need as republished from the Canada Revenue Agency website.

For Individuals

Filing due dates for the 2011 tax return

Generally, your return for 2011 has to be filed on or before April 30, 2012.

Note

If you file your return after April 30, 2012, your GST/HST credit (including any related provincial credit), Canada Child Tax Benefit payments (including those from certain related provincial or territorial programs), and Old Age Security benefit payments may be delayed.Self-employed persons
If you or your spouse or common-law partner carried on a business in 2011 (other than a business whose expenditures are primarily in connection with a tax shelter), your return for 2011 has to be filed on or before June 15, 2012. However, if you have a balance owing for 2011, you still have to pay it on or before April 30, 2012. For more information about how to make your payment, see Line 485.

Deceased persons
If you are the legal representative (the executor, administrator, or liquidator) of the estate of an individual who died in 2011, you may have to file a return for 2011 for that individual. For more information about your filing requirements and options, and to know what documents are required, see Guide T4011, Preparing Returns for Deceased Persons, and Information Sheet RC4111, What to do following a death. The due date for the final return will depend on the date of death and whether or not the deceased or his or her spouse or common-law partner carried on a business in 2011.

Note
If you received income in 2011 for a person who died in 2010 or earlier, do not file an individual return for 2011 for that income on behalf of that person. However, you may have to file a T3 Trust Income Tax and Information Return for the estate.

Service dates

early February – 2011 General Income Tax and Benefit packages for a province or territory available at post offices in that province or territory
February 13 – First day you can use NETFILE or TELEFILE

Line 485 – Balance owing

If your total payable (line 435) is more than your total credits (line 482), enter the difference on line 485. This amount is your balance owing. Generally, if the difference is $2 or less for 2011, you do not have to make a payment.

Important date

Your balance owing is due no later than April 30, 2012. When a due date falls on a Saturday, a Sunday, or a holiday recognized by the CRA, we consider your payment to be made on time if we receive it or it is postmarked on the next business day.

When are your payments due?

Your instalment payments for 2012 are due March 15, June 15, September 15, and December 15, 2012.

When a due date falls on a Saturday, a Sunday, or a holiday recognized by the Canada Revenue Agency, we consider your payment to be paid on time if we receive it or if it is postmarked on the next business day.

Your payment will be considered paid on one of the following dates:

Payments you make in person at your financial institution are considered paid on the date stamped on your INNS3 receipt.
Payments you send by mail are considered paid on the date you mail them.
Payments you made through your financial institution’s Internet or telephone banking services are considered paid when your financial institution credits us with your payment.
Post-dated cheques and payments you make by pre-authorized debit are considered paid on the negotiable date.
Deceased persons – If an individual who has to pay tax by instalments dies during the year, instalment payments due on or after the date of death do not have to be paid.

GST/HST credit : Calculation and Payments

1. When are GST/HST credit payments made?

If you qualify based on the information on your 2010 income tax return, GST/HST credit payments are generally issued on the 5th day of each quarter.

You can subscribe to the Benefit Recipients – Payment Issuance electronic mailing list to be notified when the next GST/HST credit payments will be issued.

GST/HST credit payment dates

July 5, 2011
October 5, 2011
January 5, 2012
April 5, 2012

For more information, please see the page GST/HST credit.

Important dates for RRSP, RRIF, HBP, LLP and RDSP

RRSP

February 29, 2012, is the deadline for contributing to an RRSP for the 2011 tax year.

December 31 of the year you turn 71 years of age is the last day you can contribute to your own RRSP. For more information, see RRSP options when you turn 71.

RDSP

The deadline for opening an RDSP, making contributions and applying for the matching Grant and the income-tested Bond for the 2011 contribution year is December 31, 2011.

Home Buyer’s Plan

You have to buy or build the qualifying home before October 1 of the year after the year of withdrawal. For more information, see Conditions for participating in the HBP.

Lifelong Learning Plan

The student must have received a written offer to enroll before March of the year after you withdraw funds from your RRSPs.