How the self-employed can stay on track for June 15 tax-filing
The June 15 tax-filing deadline for self-employed Canadians is approaching, prompting reminders for clients to organize their finances. Approximately 13 percent of Canadians are self-employed, and many face challenges in bookkeeping and tax preparation. Financial professionals emphasize the importance of planning and timely filing to avoid penalties and interest charges.
- ▪The June 15 deadline allows self-employed individuals more time to gather necessary documents compared to employees with T4 slips.
- ▪Many self-employed Canadians appreciate the extended deadline as a way to optimize their tax situation.
- ▪Financial advisors recommend that self-employed clients implement bookkeeping systems to avoid late fees and penalties.
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| Canonical URL | https://www.theglobeandmail.com/investing/globe-advisor/advisor-news/article-how-the-self-employed-can-stay-on-track-for-june-15-tax-filing/ |
| Publication time | Mon, 25 May 2026 08:40:00 +0000 |
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Open this photo in gallery:Roughly 13 per cent of Canadians are self-employed, with a June 15 tax-filing deadline.natasaadzic/iStockPhoto / Getty ImagesShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountThe June 15 deadline for self-employed workers to file their income tax returns is approaching, and some clients may need a nudge to get their books in order on time.“People are either very organized and are on the ball, or they procrastinate and delay, delay, delay,” says Greg Loskutov, a chartered professional accountant (CPA) at Omega Squared Professional Corp. in Toronto.
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