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. % W5 f8 U- Y! T) `4 G
5 ?4 K4 ]6 g- p; k7 h2 d4 VHowever, 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.