JBS BUSINESS SERVICES
“B U I L D I N G S U C C E S S T O G E T H E R”
778 Rossland Ave, Trail, BC, V1R 3N3
250 364 2235 info@jbsbiz.ca www.jbsbiz.net
DATES TO KNOW ABOUT IN 2025 FOR YOUR 2024 TAX PREPARATION
Monday, February 24, 2025 CRA opens e-filing for T1 tax returns.
Friday, February 28, 2025 Extended deadline cutoff date for charitable donations that can be claimed on 2024 tax returns (due to postal interuption)
Monday, March 3, 2025
RRSP deadline for contributing to your Registered Retirement Savings Plan (RRSP) for 2024. NOTE: CRA requires RRSP contributions made in the first 60 days of 2025 to be reported on the 2024 tax return even if you choose to carry forward and use these contributions for 2025.
Wednesday, April 30, 2025
T1 tax return filing deadline and tax payment due date to CRA of any balance owing for 2024 personal income tax, including self-employed persons (and spouse), although the self employed person (and spouse) has until June 16, 2025 to file their T1 tax return itself.
Monday, June 16, 2025
T1 tax return filing deadline for self-employed persons but any taxes payable must be paid by April 30, 2025 to avoid interest and penalties. In the case of a spouse, their T1 can also be filed June 16, 2025 but with taxes due by April 30, 2025.
December 31, 2025
December 31 of the year you turn 71 years old, is the last day you can contribute to your own RRSP.
NOTE: While JBS BUSINESS SERVICES compiles this list of dates from federal and provincial information and strives to provide accurate information, such information is subject to change. Furthermore, this list is not comprehensive. We do not warrant the accuracy of the information and advise all users to consult CRA and other government agencies to confirm all dates as they pertain to your personal situation.
Additional information on CRA dates can be found at the following:
- CRA Tax Deadlines for Individuals:
http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/ll-dts/menu-eng.html
- CRA Tax Deadlines for Businesses: