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AccountingDecember 2, 2022by Private Enterprises Services Group0Key dates for your corporation – November 30, 2022 year-end

Key dates for your corporation – November 30, 2022 year-end

To facilitate the year-end preparation for your business, we provide the following key dates which you may find it helpful to mark down on your calendar.

  • December 31, 2022 – Due date for your HST filing for the period from September 1, 2022 to November 30, 2022 if your business files its HST return on a quarterly basis.
  • January 31, 2023 – Payment due date for your 2022 corporation tax if your business is not a small business corporation.
  • February 28, 2023
    • Payment due date for your 2022 corporation tax if your business is a small business corporation.
    • Due date for your HST filing for the fiscal year if your business files HST return on annually.
  • May 29, 2023 – The last day that your November 30, 2022 year-end bonus shall be paid to you and be cleared through your corporate bank account.
  • May 31, 2023 – The filing deadline for your 2022 corporate income tax return.
  • June 15, 2023 – The last day that payroll remittance for the November 2022 year-end bonus shall be remitted to CRA if the bonus will be paid in May 2023.

Worrying about receiving a humongous tax bill? There might be a tax deferral opportunity for your business and you personally. Speak to a partner of our firm to find out.

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