Asking for a fiscal period-end change
A registered charity must get permission from the Charities Directorate before it can change its fiscal period-end, since such a change affects the charity's filing obligations.
To ask for a change, prepare a letter with the following information:
- the new fiscal period-end
- the proposed effective year of the change
- the signature of a director/trustee or other authorized representative of the charity
Mail or fax the letter to:
Canada Revenue Agency
Ottawa ON K1A 0L5
Do not include the letter with the charity's annual information return since this may cause processing delays.
Filing for the transition period
If a registered charity receives approval to change its fiscal period-end, it will have a transition period that is not a full 12 months. Therefore, it must file a separate information return for the months of transition. For example, if the charity's fiscal period-end was originally December 31, and the charity received approval to change it to March 31, one complete return is required for the original fiscal period of January 1 to December 31, and a separate complete return is required for the transition period from January 1 to March 31.
A registered charity's fiscal period generally should not be more than 12 months.
A return for the transition period or for the new fiscal period cannot be processed until the change in fiscal period-end has been approved. Therefore, the charity should submit a request as soon as it decides to make the change.
The charity may also need to amend its governing document if it includes a fiscal period-end (for example, bylaws state the fiscal period-end is December 31, and the charity is changing the fiscal period-end to March 31). We will still process this change; however, the charity must amend the date in its governing documents and submit a certified copy to the Charities Directorate. For more information, see Changing a charity’s bylaws.
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