Personal filing deadline
Deadline to file and pay your 2025 personal return.
Tax tips · 2026
Timely tax tips for Canadians
Short, current tips based on the latest CRA figures — to help you keep more of what you earn and stay onside with deadlines.
Self-employed filing
Filing deadline for self-employed people. The balance is still due April 30.
RRSP contribution deadline
Last day to contribute for the 2025 tax year. Contributing earlier gives the money more time to grow.
Tax instalments
If the CRA asks you to pay instalments, the remaining 2026 dates are September 15 and December 15.
TFSA room
The 2026 TFSA limit is $7,000. If you’ve been eligible since 2009, total room is up to $109,000.
FHSA for a first home
Contribute up to $8,000 a year ($40,000 lifetime) — tax-deductible going in, tax-free coming out.
Basic Personal Amount
The BPA rose to about $16,452 for 2026, so more of your income is earned tax-free.
Lowest federal rate
The lowest federal rate dropped to 14% (a blended 14.5% applied for 2025), so the first chunk of your income is taxed less.
File anyway
A late return still needs to be filed. Benefits, credits and a refund can depend on it — come in and we’ll get it in.
Keep your records
The CRA can ask for supporting documents. Keep slips and receipts for at least six years after filing.
Keep the books current
For self-employed and incorporated clients: current books make HST, payroll and T2 season quieter. Don’t wait until April.
These tips are general information based on CRA figures current as of June 2026 and are not personal tax advice. Speak with us about your specific situation.
Questions about your taxes?
We answer these all year, not just in April.