Interest and penalties for individuals - Personal income tax
Learn about
- Interest and penalties if you file or pay late
- How to request cancellation or waiver of charges
- When you may qualify for interest relief
Services and information
Interest and penalties on late taxes
How interest and penalties apply if you file or pay your taxes late
Tax instalment interest and penalty
Interest and penalties if you miss, pay late, or underpay instalments
Cancel or waive penalties and interest
How to request cancellation or waiver of charges on your balance owing
False reporting or repeated failure to report income
Penalties for failing to report income or making false statements on your return
COVID-19-related interest relief on 2020 taxes Archived
Interest relief on 2020 taxes owing until April 30, 2022, for eligible individuals who received COVID-19 benefits