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. ; f5 x; K/ x1 S; N
* T# h9 f9 z$ R7 F- A; mHowever, 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.