Deferral of payment of GST/HST and QST returns

As of today, the federal and provincial governments have announced new measures concerning GST/HST and QST returns.

The governments wish to offer support to businesses during this difficult period by authorizing the deferral of payment of taxes due until June 30, 2020 at the latest. It should be noted that no measures have been specified regarding the filing of tax returns. Thus, this relief is aimed solely at deferring payment, without interest or penalty, until June 30, 2020.

The deferral is based on the due date for tax payment, according to the frequency of the declaration.

We present a table summarizing the periods for which payment is deferred until June 30, 2020 at the latest:

FrequencyAuthorized period from deferral to June 30, 2020 for GST/HST and QST
MonthlyThe following reporting periods :

  • February 2020
  • March 2020
  • April 2020
QuarterlyAny quarter ending in :

  • February 2020
  • March 2020
  • April 2020
AnnualAny annual return for which taxes are due or payable in :

  • March 2020
  • April 2020
  • May 2020

 

And all GST/HST and QST instalments due in March, April or May 2020.

In other words, regardless of frequency, any amount that becomes payable to the tax authorities as GST/HST and QST during the months of March, April and May 2020 can be remitted no later than June 30, 2020.

As the tax authorities have not yet clarified the obligation to file tax returns, we must advise our customers to continue to file their tax returns at the appropriate time.

As soon as we have more details, we’ll let you know. My team and I remain available to answer your questions.

Ms. Sylvie Therrien

Associate – Commodity taxes

1 450 971-1550 ext. 3321

1 877 326-3400