At what time of the year are tax payments due?

Question

At what time of the year are tax payments due?

Answer 1

This answer pertains to Canadian Income Tax.

Income tax is payable by April 30 of the year following the taxation year. However, if in one of the past two years you had an amount owing greater than $3,000, and you expect the situation to be about the same for 2008, the Revenue Agency may ask you to pay income tax by quarterly instalments due on March, June, September and December 15th. essentially, what happens is that the duie date for paying your taxes is no longer April 30th.

Answer 2

In the US, April 15

In Canada April 30

Answer 3

What tax?  Income?  Property?

Answer 4

It depends on the situation.  

Employment income is normally deducted at source (as you're paid), with a final adjustment due with a tax return by April 30.

Income which is not deducted at source is subject to quarterly (Jan-Apr-JUly-October, I believe( installments.  Businesses file a return by June 30, but again, with the actual tax due quarterly.

Property tax is normally due June 30 or thereabouts.