04/25/2023
Eventhough CRA employees are striking, Tax Filing deadline is still Monday May 1st. (April 30 is Sunday).
This deadline is especially true if you owe. If you file the final return late and there is a balance owing, the CRA will charge a late filing penalty.
The penalty is 5% of any balance owing, plus 1% of the balance owing for each full month that the return is late, to a maximum of 12 months.