In order to provide greater flexibility to Canadians during the coronavirus (COVID-19) outbreak, the Canada Revenue Agency (CRA) deferred the deadline for individuals to file income taxes and has been extended it from April 30, 2020 to June 1, 2020 giving people an extra month to file their returns to the Canada Revenue Agency. The deadline to pay any income tax owed to the government will also be extended, allowing Canadians to pay it off without interest or penalties until August 31, 2020. This relief would apply to tax balances due, as well as installments, under Part I of the Income Tax Act. No interest or penalties will accumulate on these amounts during this period.
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