One-in-four Canadians will file just in time for the May 2 tax deadline this year, compared to one-in-five last year, finds a survey by H&R Block Canada. What’s more worrisome, however, is that more Canadians are intending to file past the deadline this year (5%) than last year (3%).
Here are some additional findings.
- Consistent with last year, Canadians aged 35-54 are the biggest tax filing procrastinators, with 30% saying they will file just before or past the deadline.
- Women put off their taxes slightly more than men (31% vs. 27%).
- Only 19% file in advance of the deadline.
And here are some articles to help clients with taxes.
Help clients plan for tax refunds
Think clients know their tax rates? Check again