As the April 30 tax deadline approaches, Canadians must be fully prepared to file their 2024 tax returns. Whether you’re employed, self-employed, or newly eligible for CRA credits, understanding this year’s deadlines, refund dates, and tax changes will help you file efficiently and possibly receive a faster refund.
April is the most crucial month for tax filing. Submitting on time ensures you avoid penalties and keeps you eligible for key benefits like GST credits and the Canada Child Benefit.
Important 2025 CRA Tax Deadlines
Below are the official CRA tax dates every taxpayer should know:
| Event | Date |
|---|---|
| Tax Filing Start Date | February 24, 2025 |
| Individual Filing Deadline | April 30, 2025 |
| Self-Employed Filing Deadline | June 15, 2025 (payment due Apr 30) |
| Electronic Refund Timeline | Within 2 weeks |
| Paper Refund Timeline | Up to 8 weeks |
| Late Filing Penalty | 5% of balance + 1% monthly (max 12 months) |
Make sure to file before the April 30 deadline to avoid interest charges and late fees.
New Tax Changes for 2025 You Must Know
The CRA has introduced several changes for the 2025 tax season that can affect your return amount or eligibility for credits:
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Increased Basic Personal Amount (BPA): The BPA has been adjusted for inflation, allowing more tax-free income before taxation begins.
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Enhanced Home Improvement Tax Credit: Homeowners making energy-efficient upgrades may qualify for higher deductions.
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Tuition & Student Benefits: Additional tuition-related deductions and interest relief on student loans.
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Green Incentives: Expanded credits for electric vehicles and eco-friendly renovations.
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RRSP Contribution Changes: New contribution limits apply for the 2025 filing season, impacting how much you can claim.
READ MORE: Canada Child Benefit (CCB) April 2025: New Rates, Payment Date & Eligibility Guide
Step-by-Step Guide to Filing Taxes in April 2025
Step 1: Collect Your Tax Documents
Before you file, gather:
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T4 slips (employment income)
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T5 slips (investment earnings)
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RRSP receipts
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Medical and child care receipts
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Tuition and education forms
Step 2: Choose Your Filing Method
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NETFILE (Online): The fastest way to file, with refunds in 2 weeks
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Paper Filing: Slower option, refund may take up to 8 weeks
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Tax Professionals: Services like TurboTax or licensed accountants help with complex returns
Step 3: Submit Your Tax Return
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Online Submission: Use CRA-certified software and file using NETFILE
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Mailing: Send your printed forms to your regional CRA processing center
Step 4: Track Your Refund
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Log into CRA My Account or use the MyCRA mobile app
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Call 1-800-959-1956 for refund updates
READ MORE: $1,720 Monthly CPP in April 2025: Payment Dates, Eligibility & Direct Deposit Guide
Top Tax Deductions and Credits to Maximize Refunds
Make sure you’re claiming all the eligible credits to reduce taxable income:
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Medical Expenses: Includes prescriptions, dental work, and travel for treatment
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Tuition & Education Credits: Students can claim accredited educational expenses
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Child Care Deduction: Covers babysitting, daycares, and after-school care
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RRSP Contributions: Deductible up to the limit for 2025 (if contributed before March 1)
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Home Office Deduction: Available for qualifying remote workers and business owners
What If You Owe Taxes and Can’t Pay Right Away
If your return shows a balance due and you’re unable to pay it in full by April 30, 2025, you have options:
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Apply for CRA Payment Plan: Spread your payments over several months
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Request Penalty Relief: If under financial stress, apply through the CRA’s taxpayer relief provisions
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Make Partial Payments: Helps reduce the accumulation of interest
Ignoring tax debts leads to increased penalties and possibly withheld benefits.
What to Do If the CRA Audits Your Return
An audit can sound intimidating, but it’s often routine. If you’re selected:
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Stay Calm: CRA reviews many returns randomly
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Provide Documents: Have receipts, invoices, and bank statements ready
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Get Professional Help: A tax specialist can represent you and clarify your claims
CRA will notify you by mail if you’re selected for a review or audit.
FAQs
When is the tax filing deadline in April 2025?
The deadline to file individual tax returns and pay any balance owed is April 30, 2025.
What happens if I file my return after April 30?
You’ll face a late-filing penalty of 5% of the balance due plus 1% for each month it’s late, up to a year.
How long does it take to receive a refund?
Electronic filings through NETFILE are processed in about two weeks. Paper returns can take up to eight weeks.
Can I file taxes without any income?
Yes, even with zero income, you should file to remain eligible for benefits like GST and CCB payments.
What if I can’t pay my taxes by April 30?
You can apply for a CRA payment plan or make partial payments to reduce interest accumulation.
Are RRSP contributions still deductible?
Yes, if made before March 1, 2025, RRSP contributions can reduce your taxable income for the 2024 tax year.
What are the best tools to file my return?
Use certified software such as TurboTax, Wealthsimple Tax, or UFile for online submissions, or consult a tax expert.
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Aanchal is a passionate writer with a keen interest in storytelling, content creation, and creative expression. She enjoys exploring diverse topics and crafting engaging narratives that captivate readers.