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. ! i' A E9 L Z$ P- m: ]5 j
8 q! `8 h% W; ]5 ^( Q9 y/ f( qHowever, 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.