T2 deadline: two dates, and what missing either one costs
https://www.orbisaccounting.ca/guides/t2-filing-deadline-late-penalties-bc/


The two deadlines

What a late return costs

If you owe nothing, or did nothing

What to have ready before the return is prepared
[ ] Bank and credit card accounts reconciled to the last day of the fiscal year
[ ] Accounts receivable and accounts payable listings at year end
[ ] The payroll totals for the year, agreeing with the T4 summary
[ ] GST/HST and PST filed through the year end, with the balances agreeing to the books
[ ] The shareholder loan account, with every movement explained
[ ] A list of assets bought or sold in the year, with dates and costs
[ ] Last year’s notice of assessment and any CRA letters received since

Where the BC part of the tax goes

Have the books finished before the date arrives

Orbis Accounting Ltd. · Checklist only. See the guide for context.