Late-Filing Penalties

Income tax

If you file your income tax return late, you are liable to a 5% penalty on the balance not paid by the filing deadline. You are also liable to an additional 1% penalty for every complete month your return is late (maximum of 12 months).

Note

See Filing Deadlines for information about the deadlines for filing your income tax return.

Consumption taxes

As a rule, businesses and merchants who collect consumption taxes on behalf of Revenu Québec, but fail to remit the amounts owing within the time limit provided for, are liable to a penalty of:

• 7% of the amount to be paid or remitted, where the amount is no more than 7 days late
• 11% of the amount to be paid or remitted, where the amount is late by more than 7 days but by no more than 14 days
• 15% in all other cases

Source deductions

Employers and payers who do not comply with their fiscal obligations are liable to a penalty.

For example, if you fail to pay or remit, by the prescribed deadline, an amount you deducted, withheld or collected during the year, you are liable to the following penalties:

• 7% of that amount where the payment or remittance is no more than 7 days late
• 11% of that amount where the payment or remittance is late by more than 7 days but by no more than 14 days
• 15% of that amount where the payment or remittance is more than 14 days late

See Remittance Schedules to find out the dates at which you must remit consumption taxes and source deductions.