Tuesday, April 29, 2008

Income Tax Deadline Draws Near!

The countdown is on!

Did you know…

That you have until midnight on April 30, 2008, to file your 2007 income tax return electronically or on paper? Don't forget that individuals who have a balance owing and who don't file by the due date will have to pay a late filing penalty.

Self-employed persons
If you or your spouse or common-law partner carried on a business in 2007 (other than a business whose expenditures are primarily in connection with a tax shelter), you have until midnight on June 16, 2008, to file your 2007 return. You still have to pay any balance owing by April 30, 2008.

For more information on filing deadlines, visit http://www.cra.gc.ca/dates-ind..


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