Key dates in the 2013 tax calendar

Failure to meet the Canada Revenue Agency's deadlines for filing tax returns, making RRSP contributions, paying amounts owed and other tax-related business can cost you in penalties. Following is a rundown of the important dates to keep in mind over the next few months.

Failure to meet the Canada Revenue Agency's deadlines for filing tax returns, making RRSP contributions, paying amounts owed and other tax-related business can cost you in penalties. To spare you getting dinged unnecessarily, we've highlighted a few important dates to keep in mind over the next few months.

February

February 11 — First day for the electronic filling of 2012 personal income tax returns using Netfile.

February 28 — Deadline for employers to issue T4, T4A and T5 tax slips. Deadline for receiving a written offer to enroll in a qualifying educational program after withdrawing RRSP funds in 2012 under the Lifelong Learning Plan.

March

March 1 — Deadline for 2012 tax year RRSP contributions.

March 15 — First instalment due for taxpayers remitting quarterly.

March 31 — Deadline to pay any 2012 penalty tax owing on excess RRSP contributions.

April

April 1 — British Columbia returns from a Harmonized Sales Tax to a GST and a new 7% Provincial Sales Tax. P.E.I. harmonizes its PST with the GST at a reduced rate of 14%, slightly less than the 14.98% HST Quebec introduced in January 2013.

April 30 — Midnight deadline for filing Canadian income tax return without interest penalty if payment is due.