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Only 5 Days Left: Canadian Tax Filing Deadline is April 30, 2025!

At DCP Accounting & Consulting Services, we’re here to make sure you don’t miss a beat when it comes to your taxes. With just a few days left until the April 30, 2025 deadline, now is the time to get your documents in order and file your 2024 tax return.

🗓 Key Deadlines to Know

  • April 30, 2025:Final day to file your personal income tax return and pay any balance owing to avoid penalties and interest.

  • June 16, 2025 (self-employed):If you're self-employed or your spouse/common-law partner is, your filing deadline is extended—but any balance owing is still due April 30.


⚠️ What Happens If You File Late?

  • Penalties: If you owe money and file after the deadline, the CRA charges 5% of your balance, plus 1% for each full month your return is late (up to 12 months). Repeat offenders can face even steeper penalties.

  • Interest: Starting May 1, 2025, the CRA will begin charging 8% interest (compounded daily) on unpaid taxes and penalties.

  • Delayed Benefits: Filing late could delay your GST/HST credit, Canada Child Benefit, or Carbon Rebate.


✅ Don’t Leave It to the Last Minute

To avoid the stress and financial consequences of late filing:

  • Gather all tax slips and receipts now.

  • Use certified software or consult with a tax professional.

  • If you're unsure, let our experts handle it for you.


📞 Need Help? We’ve Got You Covered

Whether you're filing personal taxes, self-employed, or managing multiple income streams, DCP Accounting is here to support you. Our team can guide you every step of the way—maximizing deductions, ensuring compliance, and giving you peace of mind.



📍 Book your appointment now

📞 Call us at 905-516-0170

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