2024 Tax Deadlines Canada

2024 Tax Deadlines

It’s time to start preparing for Tax Time in Canada.

Here are some key points and important 2023/2024 Tax Deadlines:

RRSPs

Thursday, February 29, 2024 – RRSP Deadline for contributing to your Registered Retirement Savings Plan for the 2023 tax filing year.

The maximum amount you can contribute to your RRSP is the lessor of 18% of your previous year’s income or the fixed contribution limit:

  • RRSP limit for 2023 tax year is $30,780
  • RRSP limit for 2024 tax year is $31,560

*Refer to your most recent Notice of Assessment from CRA to obtain your accurate RRSP contribution room remaining.

Taxes

Tuesday, April 30th, 2024 – Tax Deadline for personal income tax filing for the 2023 tax year. Payments to CRA of your balance owing for 2023 personal income tax are due Tuesday, April 30th, 2024, for all personal income tax filers including self-employed.

Are you ready to do your taxes?

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