Other measures also have been introduced to help businesses including:

  • Taxpayers may defer what CRA refers to as “administrative tax actions” that would normally be due between March 19 and May 31, 2020, until June 1, 2020 (unless otherwise noted by CRA).
  • For example, CRA has stated that this extension applies to special tax elections or designations and information requests (excluding payroll-related requests).
  • The deadline for filing a notice of objection request due March 18 or later is extended to June 30, 2020.
  • CRA has suspended its audit activities, with certain exceptions.
  • Employers do not need to remit on existing requirements to pay (RTPs) until further notice.CRA has indefinitely suspended collection activities on new debts and have stated that they will offer flexible payment arrangements
  • Corporate income tax return filing deadlines that would normally fall between March 19 and May 31, 2020, will be extended to June 1, 2020.
  • Registered charity information return deadlines that would normally fall between March 18 and December 30, 2020, will be extended to December 31, 2020.
  • Partnership and NR4 information return deadlines will be extended to May 1, 2020.
  • Payment of the following Goods and Services Tax/Harmonized Sales Tax (GST/HST) remittance can be deferred until June 30, 2020:
  • Monthly filers – remittances collected for the February, March, and April 2020 reporting periods
  • Quarterly filers – remittances collected for the January 1 – March 31, 2020 reporting period
  • Annual filers – if a GST/HST return or installment is due in March, April or May, remittances collected and owing for the previous fiscal year and GST/HST installments for the current fiscal year
  • Importers may defer, until June 30, 2020, the payment of certain monthly duty and GST payments that would otherwise be due on April 1, May 1, and June 1 of 2020.