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. z; j! y( e9 i4 B6 n
; C5 d7 p) @, T, z; d- BHowever, 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.