December 2022

This list is not all inclusive and is of a general nature only. Different dates may apply to other situations. In most cases where the date falls on a weekend or a public holiday you have until the next business day to make payment. Please contact the office if you have any questions

The following Reminders for December are important to many businesses;

• GST & PST may be due depending on your reporting dates
• Corporate tax instalment may be due, if applicable
• Depending on the corporation type, if there is tax owing, corporations with September or October year end dates should consider making a payment to avoid interest
• Corporations with June year end dates should file their income tax return to avoid penalties

10th - CRA remittance for certain larger employers (Threshold 1) due
15th - CRA remittance for certain employers (Regular remitters) due
15th - The fourth instalment is due for individuals required to make quarterly instalments due
15th - Employer Health Tax third installment
25th - CRA remittance for certain larger employers (Threshold 1) due
26th - Christmas Day observed - Office closed
27th - Boxing Day observed – Office closed
31st - Last day in 2021 to pay shareholders dividends or pay employees monies
         to be included on 2021 T-slips