With tax season in full swing and COVID-19 taking such a hard turn paying taxes back right now can add extra worry to your plate. Some light at the end of the tunnel right now for people who owe, Quebec’s finance minister is delaying the deadline for individuals and businesses to pay their provincial taxes in order to ease financial pressure caused by the novel corona-virus.
Instead of the usual April 30 deadline, individuals will have until June 1 to file a return and until July 31 to pay their taxes. Businesses will be required to follow their regular filing schedules, but can also wait to pay taxes until July 31. The delays will give individuals and businesses “more time, oxygen and liquidity.”
The government is still encouraging anyone who can file and pay by the previous deadline to do so in order to reduce the financial impact on the province.
For more information please follow this link http://www.finances.gouv.qc.ca/index_en.asp