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. / s6 g1 O# o5 |7 U; D4 t6 K9 o* X
" v8 T. a! B$ ~& sHowever, 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.