Having decades of experience, Macnaughton & Ward Financial Services Ltd. (MWFS) is ready to help you maximize your tax refund and deductions. For Canadian residents and non-residents, we can prepare current and previous year's income tax returns for:

  • Individuals (T1)
  • Self-employed (T1)
  • Deceased individuals including Final returns (T1)
  • Estates (T3)  
  • Trusts (T3)

 

Following are important dates for 2023 tax year to be aware of:  

The regular filing dates are:

  • Monday, February 24, 2025: Earliest MWFS can EFILE and ReFile or individuals can File My Return online (N.B. January 31, 2025 to February 23, 2025 - CRA EFILE and ReFILE is not accepting transmissions while they convert their systems to the next filing season).
  • March 3, 2025 (first 60 days of year):  RRSP contribution deadline for deduction towards 2024 income tax return
  • March 31, 2025: Deadline to file trust tax returns to avoid late penalties.
  • April 30, 2025: Deadline to file your individual income tax return to avoid late penalties.
  • June 15, 2025: Deadline to file your taxes if you/spouse/common-law partner are self-employed, self-employed individuals normally have until Jun 15th annually.

 

The regular income tax payment deadline date*:

  • April 30th: Deadline to pay your taxes to prevent interest and/or penalties being assessed. 

 

The payment date* for tax instalments:

  • March 15th
  • June 15th
  • September 15th
  • December 15th 

 

*When a due date falls on a Saturday, Sunday, or a public holiday recognized by CRA, CRA consider your payment to be paid on time if CRA recieve it on the next business day.

 

 

It's important to adhere to the above filing deadlines to prevent penalties and interest charges being assessed.

 

File your Income tax return before the deadline for continuity of benefits and to access these benefits: 

► BC Climate Action Tax Credit (BCCATC);

► Canada Child Benefit (CCB); 

► Canada Pension Plan (CPP);

► Guaranteed Income Supplement (GIS); and 

► Goods & Service Tax (GST) Credit.

 

Learn about our Digital Tax Preparation Service

 

 

Updated:  January 2025

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