Accuracy Aligned with Excellence.
At Beyond-Books we have an experienced tax team that can provide you with a broad range of services to cover your Canadian corporate and personal tax needs. We work to develop an understanding of your goals and will recommend proactive steps to ensure you are prepared for the future. From self-employed entrepreneurs to the privately held corporations, we work with you year-round to help you meet your business goals, increase cash flow and maintain tax compliance.
List of taxation services include:
Canadian Corporate Tax
- Preparation of corporate income tax and information returns, tax estimates and installments
- Advice on benefits of tax deferral and filing positions
- Preparation of amendment and objection filings with the Canada Revenue Agency
- Tax planning and structuring to minimize taxes
Commodity Tax (GST/HST)
- Preparation of information tax returns
- Advice with respect to specific transactions
- Preparation of amendment and objection filings with the Canada Revenue Agency
Canadian Personal Tax
- Personal, trust and partnership income tax and information returns
- Personal tax planning
- Owner-manager tax planning
- Preparation of amendment and objection filings with the Canada Revenue Agency
In case you are new to taxation and are looking for some preliminary information regarding taxes, we have compiled a list of some important tax deadlines, penalties and interest rates that you might find useful. Tax laws are subject to change and this website may not have the latest information. Prior to making any decisions please feel free to contact us or visit CRA website for latest information.
Important Tax Deadlines
28-Feb
Filing deadline – T4,T4A, T5 slips and summary information returns
Payment deadline – final corporate tax balance due for non-CCPCs with calendar year-ends
1-Mar
RRSP contributions deadline
15-Mar
Payment deadline – First quarter personal tax installment due
31-Mar
Filing deadline – partnership annual information return (T5013)
Payment deadline – final corporate tax balance due for CCPCs with calendar year-ends
Filing deadline – HST/GST annual return for other than self-employed
Filing deadline – Non-Resident Tax Withholding, Remitting, and Reporting (NR4) return
30-Apr
Filing deadline – Canadian personal income tax return (other than self-employed)
Payment deadline – final tax balance due for individual and self-employed
Payment deadline – HST/GST balance due for individual and self-employed
15-Jun
Second-quarter personal tax installment due
Filing deadline – Canadian personal income tax return (self-employed)
Filing deadline – HST/GST annual return for self-employed
30-Jun
Filing deadline – Corporate income tax returns for calendar year-end corporations
15-Sep
Third-quarter personal tax instalment due
15-Dec
Fourth-quarter personal tax instalment due
Penalty and Interest
Late T1, T2, T3 income tax return filings
Penalty – 5% of unpaid tax plus 1% of the unpaid tax for each complete month to a maximum of 12 months
Late HST return filings
Penalty – 1% of any unpaid tax plus 0.25% for each complete month the return is outstanding, to a maximum of 12 months (total penalty maxes at 4%)
Late HST and income tax payments
Interest – T-Bill rate plus 4%
Late T4, T5, NR4 & T5018 information return filings
Penalty – greater of $100 or $10-$75/day times the number of days (to a maximum of 100 days)
Late T5013 information return filings
Penalty – $25/day to a maximum of $2500
