300-2005 Sheppard Avenue East, North York ON M2J 5B4
(+1) 416-443-1400

AccountingNovember 3, 2022by Private Enterprises Services Group0Key dates for your corporation – October 31, 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.

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

Struggling with business cash flow for the tax payment? There might be a tax deferral opportunity for your business. Speak to a partner of our firm to find out.

Share

Leave a Reply