The second tax deadline of the year has arrived, this one concerning the self-employed and business owners.
While most individuals were expected to file their taxes before May 1 this year, the Canada Revenue Agency (CRA) notes June 15 marks the tax deadline for anyone who’s self-employed as well as their spouse or common-law partner.
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If you’re confused about whether you qualify for the extra month and a half to file, the exception extends to anyone who ran a business with business expenditures in the 2022 tax year.
Be warned, though — while the filing deadline might be extended, anyone who owed money to the CRA was expected to pay by the earlier May 1 deadline.
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