Published | Categories : Income tax – businesses, GST and QST
Deferral of GST/HST, QST and Corporate Income Tax Payments (updated)
On March 21, 2025, the federal government announced temporary relief measures for businesses. GST/HST remittances, corporate income tax payments and instalment payments will be deferred from April 2 to June 30, 2025. During this period, interest will be waived on balances of income tax and GST/HST, as well as instalment payments.
The Québec government has decided to follow suit as regards the QST and corporate income tax.
Businesses must continue to file their returns by the usual deadlines between April 2 and June 30, 2025. Interest will resume as of July 1, 2025.
Note that Revenu Québec will cancel any interest calculated on an amount due during the period from April 2 to June 30, 2025.