When is the tax deadline in 2027?

April 30, 2027 for most people. Your 2026 return and any balance owing are both due that day. If you or your spouse had self-employment income the return is due June 15, 2027, but the balance is still due April 30, 2027.

What is the RRSP deadline for 2026 contributions?

Expected to be March 1, 2027, 60 days after the end of 2026. The CRA confirms the date each January.

What happens if I file late?

If you owe money, the CRA charges a late-filing penalty of 5% of the balance plus 1% for each full month late, up to 12 months, and interest on the balance from the deadline. If you are owed a refund there is no penalty, but benefits that depend on your return, such as the GST credit and the Canada Child Benefit, can be delayed.

When do quarterly instalments fall due in 2027?

March 15, 2027, June 15, 2027, September 15, 2027, December 15, 2027. Instalments apply when your net tax owing was over $3,000 in two of the last three years ($1,800 in Quebec). The CRA sends reminders in February and August.

When does new TFSA room arrive?

January 1, 2027. The 2027 dollar limit is announced by the CRA in late 2026, along with the indexation factor for the year.

When will I get my refund?

The CRA aims for two weeks on an electronic return with direct deposit, and up to eight weeks on paper. Returns filed in late April take longer than those filed in March.

Tax Deadlines 2027: Every Date, and What Being Late Costs You

The 2026 tax year is filed in the spring of 2027. Most people must file and pay by April 30, 2027. Self-employed people have until June 15, 2027 to file but not to pay. The RRSP deadline lands around March 1, 2027. Here is every date on one page, with what each one means and what it costs to miss it.

The dates

Date	What happens
January 1, 2027	New tax year. TFSA room for 2027 is added. New CPP and EI ceilings apply to pay. The CPP base rate drops to 4.75%.
February 28, 2027	Employers must issue T4 slips for 2026 by the end of February. Most other slips arrive by then too.
March 1, 2027	Expected RRSP deadline for the 2026 tax year. See the RRSP deadline page.
March 15, 2027	First 2027 instalment, if you pay by instalments.
April 30, 2027	Filing deadline and balance-due day for most individuals. Late filing with a balance owing starts the penalty clock.
June 15, 2027	Filing deadline for people with self-employment income (and their spouses). The balance was still due April 30. Second instalment.
September 15, 2027	Third instalment.
December 15, 2027	Fourth instalment. Last day for tax-loss selling in a non-registered account to settle in 2027 is a few days before this.

The two deadlines that cost money

April 30, 2027 is both the filing deadline and the balance-due day. If you owe tax and file late, the penalty is 5% of the balance plus 1% for each full month you are late, to a maximum of 12 months, and interest runs on the unpaid balance from the deadline at the CRA's prescribed rate plus 4 percentage points. If you cannot pay, file anyway. The late-filing penalty is the expensive part, and it only applies when a return is late.

June 15, 2027 is the later filing date for anyone with business income, and for their spouse. It does not move the payment date. Interest on a balance owing still starts April 30, 2027, so the self-employed tax calculator's advice is to estimate and pay by April 30, then file by June 15.

RRSP: expected March 1, 2027

Contributions in the first 60 days of 2027 can be deducted on the 2026 return. The 2026 limit is $33,810 plus unused room. Details and the working are on the RRSP deadline page, and the refund calculator shows what a contribution is worth at your salary.

Instalments

If your net tax owing was more than $3,000 in 2026 and in either 2025 or 2024 ($1,800 in Quebec), the CRA expects quarterly payments in 2027 on March 15, 2027, June 15, 2027, September 15, 2027, December 15, 2027. The reminder letters show the amounts. Paying late is charged instalment interest, and paying nothing is not a penalty on its own, only interest.

What is new for the 2026 return

The figures on that return are the 2026 ones: the federal lowest rate of 14%, the basic personal amount, the CPP and EI ceilings, and the TFSA and RRSP limits. All of them are on the what changed in 2026 page, and the income tax calculator estimates your refund or balance before you file.

Frequently asked questions

When is the tax deadline in 2027?: April 30, 2027 for most people. Your 2026 return and any balance owing are both due that day. If you or your spouse had self-employment income the return is due June 15, 2027, but the balance is still due April 30, 2027.
What is the RRSP deadline for 2026 contributions?: Expected to be March 1, 2027, 60 days after the end of 2026. The CRA confirms the date each January.
What happens if I file late?: If you owe money, the CRA charges a late-filing penalty of 5% of the balance plus 1% for each full month late, up to 12 months, and interest on the balance from the deadline. If you are owed a refund there is no penalty, but benefits that depend on your return, such as the GST credit and the Canada Child Benefit, can be delayed.
When do quarterly instalments fall due in 2027?: March 15, 2027, June 15, 2027, September 15, 2027, December 15, 2027. Instalments apply when your net tax owing was over $3,000 in two of the last three years ($1,800 in Quebec). The CRA sends reminders in February and August.
When does new TFSA room arrive?: January 1, 2027. The 2027 dollar limit is announced by the CRA in late 2026, along with the indexation factor for the year.
When will I get my refund?: The CRA aims for two weeks on an electronic return with direct deposit, and up to eight weeks on paper. Returns filed in late April take longer than those filed in March.

Sources

Every figure on this page comes from one of these primary sources. Data last verified September 7, 2026.

Tax deadlines for 2027