Important Dates
Please keep the following dates in mind as tax season approaches. If you have any questions, please contact the office – we’re glad to be of assistance.
2015 RRSP Contribution Deadline: February 29
2016 is a leap year, so please be aware that this year’s RRSP contribution deadline is February 29 if you want to deduct the contribution on your 2015 return.
T4 Slips for Employment Income
Corporations must file and issue T4 slips by February 29. If you are paying a nanny personally, you must also file and issue the T4 by February 29.
T3 & T5 Slips for Investment Income
Corporations must file and issue T5 slips by February 29, while T3 slips must be filed and issued by March 31. Please ensure you have received all slips before you file your return. If in doubt, contact your investment advisor’s office. We recommend you plan to file your return after April 7 in order to be certain you have received all T slips.
Personal Income Tax Return Deadline: April 30
2015 Income tax returns are due by April 30, 2016. If you have business or professional income, the deadline for you and your spouse is June 15, 2016; however, any taxes payable are still due by April 30, 2016.
Reminder: Non-Registered Investment Management Fees are Tax-Deductible
Investment management fees in non-registered accounts are tax-deductible. Contact your investment advisor if you require an annual statement outlining these fees.
If you have any questions about anything outlined above, do not hesitate to contact your TPC Financial Coordinator.