BMO Nesbitt Burns Reminder: 2012 Tax Deadline Fewer Than 24 Hours Away
- Deadline for submitting personal income tax return to the CRA is midnight on April 30 - Ninety-four per cent of Canadians report that they file a personal income tax return each year - BMO Nesbitt Burns is available to provide last-minute tips on tax planning strategies and how to create a financial plan
(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 04/30/13 -- BMO Nesbitt Burns reminds Canadians that they have until midnight on Tuesday to file their personal income tax return with the Canada Revenue Agency (CRA).
According to a BMO Nesbitt Burns Tax Study, 94 per cent of Canadians report that they file a personal income tax return each and every year, and almost half are "Do-It-Yourselfers", preferring to prepare their own tax returns rather than relying on someone else - such as a tax professional or family/friends - to do it for them.
As of April 18, 2013, the Canada Revenue Agency (CRA) has received and assessed more than 13.1 million tax returns, 86 per cent of which were filed electronically. Of those, almost 8.8 million returns were eligible for refunds; the CRA has issued almost $14 billion in tax refunds. The average individual tax refund has been $1,585.
For Canadians who have yet to file their personal income tax return or have questions about their return, there are a variety of options available:
"It's commendable that the overwhelming majority of Canadians are filing their taxes annually," said John Waters, Vice President, Head of Tax & Estate Planning, BMO Nesbitt Burns. "It's not only the responsible thing to do, but also the smart option given the penalties that you can incur should you owe money and don't file."
BMO Nesbitt Burns is available to provide insight on a number of topics, including:
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Contacts:
Media contacts:
Rachael Mckay, Toronto
416-867-3996
Valerie Doucet, Montreal
514-877-8224
Laurie Grant, Vancouver
604-665-7596
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Datum: 30.04.2013 - 16:18 Uhr
Sprache: Deutsch
News-ID 254615
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Town:
TORONTO, ONTARIO
Kategorie:
Commercial & Investment Banking
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