Canada Revenue Agency

Canada Revenue Agency

June 08, 2015 11:02 ET

Reminder-Monday, June 15, 2015, is the Deadline for Self-Employed Individuals to File Their 2014 Income Tax and Benefit Return

OTTAWA, ONTARIO--(Marketwired - June 8, 2015) - The Canada Revenue Agency (CRA) reminds self-employed individuals and their spouses or common-law partners that this year's filing deadline is midnight on Monday, June 15, 2015. If you had an outstanding balance for 2014, it would have had to be paid on or before April 30, 2015. However, interest would not have been charged on any amount owing for 2014 during the period from April 30 and up to and including May 5, 2015. A late-filing penalty on amounts owing will apply to returns received after the June 15, 2015 deadline.

The CRA invites you to join the growing number of Canadians who are filing electronically. NETFILE is one of the CRA's electronic tax-filing options. NETFILE allows you to file your individual income tax and benefit return over the Internet quickly and easily, which means getting your refund faster. For a list of software and web service options, including those that are free for everyone, go to www.netfile.gc.ca/software.

If you have a balance owing, you can make your payment using your financial institution's telephone or Internet banking service. For more information about online payments, go to www.cra.gc.ca/payments or contact your financial institution.

You can also pay using the pre-authorized debit online service offered through My Account. The pre-authorized debit service lets you:

  • set up a payment to be made from your bank account to the CRA on a pre-set date;
  • pay an overdue amount or make instalment payments; and
  • set up a pre-authorized debit agreement at your convenience using the CRA's My Account service.

You can also make your payment using the CRA's My Payment service. My Payment lets you make one or more payments in one simple online transaction. You can use this service if you have access to online banking at a participating financial institution.

You can also sign up for direct deposit to receive your refund in your account at your Canadian financial institution-no more waiting for a cheque to arrive in the mail.

Correct your tax affairs through the Voluntary Disclosures Program

The Voluntary Disclosures Program allows taxpayers to come forward and correct inaccurate or incomplete information or to disclose information they have not reported during previous dealings with the CRA. Taxpayers may avoid being penalized or prosecuted, and may only pay the taxes or charges owing, plus interest, if they make a valid disclosure. For more information, go to www.cra.gc.ca/voluntarydisclosures.

Save time - go online!

The CRA's online services make it faster and easier to handle your business's tax matters. You, your employee, or your representative can file, pay, and access detailed information about your tax accounts-all online, all at your fingertips. To learn more about the CRA's electronic services for businesses, go to www.cra.gc.ca/businessonline.

Stay connected

To receive updates when new information is added to our website, you can:

- Follow the CRA on Twitter - @CanRevAgency.

- Subscribe to a CRA electronic mailing list.

- Add our RSS feeds to your feed reader.

You can also watch our tax-related videos on YouTube.

Contact Information

  • Philippe Brideau
    Media Relations
    Canada Revenue Agency
    613-941-6269