Stay on top of your tax responsibilities with our February tax deadlines. Each month, I outline some of the key dates and payment obligations that Canadian taxpayers need to meet, whether you’re a business owner or an individual. Keep reading for a breakdown of the important deadlines to help you stay compliant and avoid penalties.
Want to know all the deadlines based on your corporate year-end? Check out our Tax Calendar page for details.
Family Trust tax deadlines
Hard Deadline | Suggested Deadline | Details |
March 31 | February 1 | Have all information assembled for your family trust and into your accountant for preparation. The return is due March 31 except in leap years when it is March 30. |
Canadian personal tax deadlines
Hard Deadline | Suggested Deadline | Details |
March 3 | February 15 | Make final RRSP contributions for the previous tax year. For 2025, the deadline is extended to March 30 as the normal 60 day limit falls on the weekend. |
Canadian corporate tax deadlines
Year-end | Deadline | Details |
January 31 | February 28 | Date to have your bookkeeping to us if we do your tax returns and financial statements. For details on what we need for the year-end, please contact your accounting manager or director. Not sure who this is? Ask me! |
December 31 | February 28 | Taxes owing due if your company earns inactive income (such as rent, interest, dividends). |
November 30 | February 28 | Generally speaking, taxes owing due if your company earns active income which was less than $500,000 last year (for all associated companies). Exceptions apply. |
August 31 | February 28 | Tax return due. |
August 31 | March 15 | If there was a year-end bonus, then the payroll remittance is generally due unless you are an “early remitter” and need to remit sooner. |
All year-ends | February 28 | Finalize assembly of remuneration and interest details for T4/T5 for yourself/ bookkeeper/accountant by approximately January 15th for the February 28th filing deadline. |
Resources
For additional resources related to the tax deadlines, see:
More questions?
Still have questions about February tax deadlines, or other deadlines? I want to help you Do wonderful things®, so please contact me today.
Remember – circumstances are unique! This information is summary in nature. Seek out advice from your tax advisor about your specific situation.