Yes, balance due date is April 30th every year. If you can't pay on time, you will be fined with high interest rate on your owed amount. 9 O( p2 I1 E7 l% j& u8 P' {$ ]! Z
7 K$ I) g6 o ^# l: P, {" JHowever, you can often make a deal with the Canada Customs and Revenue Agency (CCRA) for taxes you owe. You can either negotiate payment terms or file a proposal under the Bankruptcy and Insolvency Act (BIA) rather than filing for bankruptcy.