Tax filing deadline for self-employed individuals - June 15th, 2021
As a business owner or self-employed individuals it's important to not forget to file your taxes before June 15, 2021. Failing to file taxes on time for your company can result in a serious penalty.
If you file your return late, a penalty applies. The penalty is 5% of the unpaid tax that is due on the filing deadline, plus 1% of this unpaid tax for each complete month that the return is late, up to a maximum of 12 months.
For more information please visit: https://www.canada.ca/en/services/taxes.html