Canada Revenue Agency
www.cra.gc.ca
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When your payments are due
Instalment payments are due on the last day of every complete month of your tax year, or of every complete quarter, if you are an eligible small-CCPC.
The first payment is due one month or one quarter minus a day from the starting day of your tax year.
The rest of the payments are due on the same day of each month or each quarter that follows.
Example
| Start of tax year: | January 1, 2010 |
| End of tax year: | December 31, 2010 |
Each of the monthly instalment payments is due by the last day of each month during the tax year. The first payment is due by January 31, 2010. The last payment is due by December 31, 2010.
If the corporation is allowed to make quarterly instalment payments, the payments are due on March 31, June 30, September 30, and December 31, 2010.
Example
| First day of tax year: | October 10, 2009 |
| End of tax year: | October 9, 20010 |
The first monthly instalment payment is due by November 9, 2009. The last payment is due by October 9, 2010.
If the corporation is allowed to make quarterly instalment payments, the payments are due on January 9, April 9, July 9, and October 9, 2010.
