PSG Chartered Professional Accountant
312 B - 2099 Lougheed Hwy V3B 1A8 Port Coquitlam, BC, Canada

Updates - New Website - Emails - Software - https://mailchi.mp/0302abc0a662/psg-cpa-new-website

On July 27, 2020 CRA announced the following: Payment Deadline Extension They will be extending the payment due date for current year individual, corporate, and trust income tax returns, including instalment payments, from September 1, 2020, to September 30, 2020.... Penalties and interest will not be charged if payments are made by the extended deadline of September 30, 2020 (includes the late-filing penalty provided return is filed by Sept. 30, 2020). Interest on Existing Tax Debt They will be waiving interest on existing tax debts related to individual, corporate, and trust income tax returns from April 1, 2020, to September 30, 2020 and from April 1, 2020, to June 30, 2020, for goods and services tax/harmonized sales tax (GST/HST) returns. Filing Returns The previously extended filing due dates for individual, corporate, and trust income tax returns remain unchanged. However, CRA will not impose late-filing penalties where a current year individual, corporation, or trust return is filed late provided that it is filed by September 30, 2020.