Interest and penalties on a balance owing if you file or pay taxes late. How to cancel or waive interest or penalties and when you may be eligible for interest relief.
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Interest and penalties on late taxes
How interest and penalties are charged on your balance owing if you pay or file your taxes late
Tax instalment interest and penalty
Interest and a penalty may be charged if you do not pay any of your required instalments, pay late, or pay too little
Cancel or waive interest or penalties
Make a request to cancel or waive interest or penalty charges on your balance owing
False reporting or repeated failure to report income
Penalties for failing to report income, false statements, or omitting information on your tax return
COVID-19 related interest relief on 2020 taxes Archived
Interest relief on 2020 taxes owing until April 30, 2022 if you met the conditions and received COVID-19 benefits in 2020
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