CRA provides relief for Canadians affected by Hurricane Fiona

Due to the widespread damage caused by Hurricane Fiona in Atlantic Canada and part of Quebec, the Canada Revenue Agency (CRA) has confirmed it will be providing relief to impacted individuals, businesses and charities, which includes:

• extending the due date for returns and balances to October 31 for all T2/T3 tax returns and GST/HST returns that would normally have been due between September 26 and October 30. Therefore, there will be no penalty nor interest for late filing if these returns are submitted after September 30.
• providing penalty and interest relief for taxpayers who were prevented from meeting their tax obligations due to the adverse event that submit a relief request. The CRA will review these requests on a priority basis.

Taxpayers should call the CRA if books and records have been destroyed as a result of a disaster.

Please see the CRA’s news release for further details.