Québec government follows Federal Government and simplifies the lives of individuals and businesses affected by the exceptional situation stemming from COVID-19.
Government has asked Revenu Québec to apply flexibility measures for individuals and businesses in Québec during income tax filing season.
- The deadline for filing the personal income tax return has been extended from April 30, 2020, to June 1, 2020.
- The deadline for paying income tax, contributions or the annual registration fee for the enterprise register related to the 2019 income tax return has been extended to September 1, 2020.
- If an individual or their spouse carried on a business in 2019, the deadline to file their 2019 income tax return remains June 15, 2020.
- Required instalment payments normally due on June 15, 2020, is now due by September 1, 2020.
- The deadline for filing corporate income tax returns due by May 31, 2020, has also been extended to June 1, 2020.
- The deadline for paying income tax or the annual registration fee for the enterprise register related to the 2019 income tax return has been extended to September 1, 2020.
Revenu Québec is also taking steps to ensure that no individual or business is penalized as a result of the pandemic. All tax audit and collection activities are being suspended, and the organization will show greater flexibility in respect of payment agreements for tax debts.
Check Revenu Québec for the latest relief measures updates https://www.revenuquebec.ca/en/coronavirus-disease-covid-19/relief-measures-for-individuals-and-businesses/
In order to provide greater flexibility to Canadians during the coronavirus (COVID-19) outbreak, the Canada Revenue Agency (CRA) deferred the deadline for individuals to file income taxes and has been extended it from April 30, 2020 to June 1, 2020 giving people an extra month to file their returns to the Canada Revenue Agency. The deadline to pay any income tax owed to the government will also be extended, allowing Canadians to pay it off without interest or penalties until August 31, 2020. This relief would apply to tax balances due, as well as installments, under Part I of the Income Tax Act. No interest or penalties will accumulate on these amounts during this period.
However, the government is still encouraging people who receive benefits under the Goods and Services Tax and the Canada Child Benefit act not to delay the filing of their return to ensure their entitlements for the 2020-21 benefit year are properly determined.
For trusts having a taxation year ending on December 31, 2019, the return filing due date is deferred until May 1, 2020.
Flexibility for Businesses too
The Canada Revenue Agency also will allow all businesses to defer, until after August 31, 2020, the payment of any income tax amounts that become owing on or after today and before September 2020. This relief would apply to tax balances due, as well as installments, under Part I of the Income Tax Act. No interest or penalties will accumulate on these amounts during this period.
The Government’s of Canada announcement about series of tax measures to help support those affected by the COVID-19 virus :
Official information related to Coronavirus disease (COVID-19) :
Canadian Government extends tax deadline to June 1, 2020 due to coronavirus