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    Home»Economy»Another month to pay off your tax balance in Quebec
    Economy

    Another month to pay off your tax balance in Quebec

    Sophie LaurentBy Sophie LaurentApril 15, 2021No Comments2 Mins Read
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    Another month to pay off your tax balance in Quebec
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    Quebecers who file an income tax return after April 30 will not be slapped on their fingers by Revenu Québec.

    Also read – Study: The Epidemic Affects Tax Returns

    For the second year in a row due to the pandemic, taxpayers with a tax credit will have no penalty or interest payable if they submit their tax statements by May 31 at the latest.

    This measure, as it happened during the first wave of the pandemic, aims to allow hard-hit people to have more time to pay their tax balances.

    “I asked Revenu Québec to show flexibility in order to take into account the difficulties that the current health situation may cause to some citizens. Quebec’s Minister of Finance, Eric Gerrard, said,“ We ​​continue to closely monitor the situation and will be there to help the Quebecers as long as necessary. ”

    Revenu Quebec said it had received 3.3 million tax returns as of April 14, “at a similar rate in previous years.” Last year, three in five individuals received a tax refund.

    I asked Embed a Tweet Be flexible for Quebecers who file their tax return after April 30th. There is no late filing penalty and no interest applicable to the tax balance for the year 2020 from May 1 to May 31, 2021 https://t.co/5x4wtAcf9F

    Eric Girard (@EricGirardMFQ) April 15, 2021

    Also see Refunds are made on Air Canada

    Sophie Laurent

    Sophie Laurent is a contributor to Vaughantoday.ca, covering a wide range of topics including local news, politics, business, technology, sports, entertainment, and lifestyle. She focuses on delivering clear, balanced reporting that helps readers stay informed about current events and issues that matter to their communities. Sophie is committed to presenting accurate information, practical insights, and relevant stories in a straightforward and reader-friendly manner, making complex topics accessible to a broad audience.

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