AccFin Inc. — Accounting, Tax & Advisory
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Guides & downloads

Helpful guides

Free checklists and guides you can download. You can add more of these anytime — no website rebuild needed.

⇩ Personal Tax Checklist Everything to gather before your T1 appointment (PDF). ⇩ Business Records Checklist What to keep for clean books and a smooth year-end (PDF). ⇩ New Business Starter Guide Key steps when starting or incorporating in BC (PDF). ⇩ GST & PST Quick Guide The basics of BC sales tax for small businesses (PDF). ⇩ Payroll Basics for Employers What to know before running payroll in Canada (PDF). ⇩ Rental Income & Expenses Checklist What to gather to report rental income accurately (PDF). ⇩ Incorporation vs Sole Proprietorship A quick comparison to help you decide (PDF). ⇩ Cross-Border Tax Basics: Canada–India General pointers for individuals with ties to both countries (PDF).

Tip: keep every guide as a PDF in the guides folder. To remove one, just delete its card block.

Stay on time

Key Canadian filing deadlines

A quick reference for the most common deadlines. Exact dates can shift year to year and when a due date lands on a weekend or holiday — check with us for your specific situation.

FilingTypical deadline
Personal income tax (T1)April 30. If you or your spouse are self-employed, the return is due June 15 — but any balance owing is still due April 30.
RRSP contributions (for the prior year)Within the first 60 days of the year (on or around March 1).
Corporate income tax (T2)Return: within 6 months of your fiscal year-end. Balance owing: 2 months after year-end (3 months for many CCPCs).
T4 / T5 information slipsLast day of February.
GST/HST & PST returnsMonthly, quarterly, or annually — based on your assigned filing frequency.
Payroll source deductionsGenerally by the 15th of the month after you pay employees (regular remitters).
Trust returns (T3)Within 90 days of the trust's year-end.
Registered charity return (T3010)Within 6 months of the charity's fiscal year-end.
WorkSafeBC reportingQuarterly reporting and payment, with an annual reconciliation.
Please note These are general timelines for reference only. We'll confirm the exact due dates that apply to you — just get in touch.

Be ready

What to gather

Personal tax (T1) — bring these

  • Income slips: T4, T4A, T5, T3, T4E, T5008
  • RRSP contribution receipts
  • Medical expense and donation receipts
  • Childcare and tuition (T2202) receipts
  • Rental income and expense records
  • Self-employment income and expense records
  • Home office details, if applicable
  • Prior-year Notice of Assessment

Business & bookkeeping — keep these

  • Bank and credit-card statements
  • Sales invoices and receipts
  • Purchase and expense receipts
  • Payroll records and remittance confirmations
  • Loan and lease statements
  • GST/PST records
  • Vehicle mileage logs, if claiming
  • Prior-year financial statements and tax returns

Good habits

How long to keep records

As a general rule, the CRA expects you to keep your tax and business records — and the documents that support them — for at least six years from the end of the tax year they relate to. Keep them organized and backed up; if we ever respond to a CRA review on your behalf, good records make it far quicker and stronger.

A few simple habits that save time and money: reconcile your accounts monthly, keep business and personal spending separate, photograph receipts as you go, and set aside GST/PST and payroll amounts so they're ready when due.

Useful links

Official resources

Links open official government sites in a new tab.

Have a question about any of this?

We're happy to walk you through what applies to your situation.

Get in touch