June 30 Tax Deadline is Looming for Non-Residents

An important deadline is approaching for non-residents with certain Canadian-source income. June 30 is the deadline to file elected returns under Section 216 (pertaining to rental income) and Section 217 (pertaining to Canadian source pension income). There may be significant consequences for missing this deadline as returns received after this date, generally aren’t accepted. Here’s what you need to know:

There are 6.2 million persons with disabilities in Canada, 23% of whom live in poverty. The Canada Disability Benefit (CDB) has been created and now passed into law (June 22, 2023) to help. However, exactly when the payment will start and how much will be paid is still a mystery.

The third quarter of 2023 is about to unfold and with it several milestones:  the days are getting shorter again, all but one tax filing deadlines have passed (remember October 31 for the UHT), and there are some payroll remittance changes on the horizon:

June 30 is an important date for current and prospective Knowledge Bureau students! Save time and money, act now for Designate recertification, half price CE Savvy Collections, DAC early-bird deadline, and a special Canada Day sale for our specialized credentials programs! As a reminder, our offices will be closed on Monday, July 3 –  check out these tuition specials: online registration is always available!

The 2023 Distinguished Advisor Conference (DAC Acuity) takes place November 12 to 14 at the beautiful Banff Springs Hotel. This year out line-up of thought leaders features a tax planning powerhouse…check it out and be sure to register by the June 30 early-bird deadline to save up to $900 on tuition.

Want to get your blood pumping and your imagination soaring about what the future of the tax, accounting and financial services might look like?   This is your invitation to think boldly and re-imagine it!   Please join the Society of Real Wealth Managers RWM™ for an open conversation about what’s holding us back in making transformational change on November 12 over brunch at the Banff Springs Hotel on the day the  amazing 20th Anniversary DAC Acuity 2023 Conference begins (November 12-14th).  Register by June 30 and lunch is complimentary for members. 

June 21st is National Indigenous Peoples Day, coinciding with summer solstice, the longest day of the year. It is a traditional time of celebration for many Indigenous communities, and a day for all Canadians to recognize and celebrate the unique heritage and diverse cultures of First Nations, Inuit and Métis peoples. However, acknowledging and supporting our Indigenous people must be a year-long initiative, especially if we want to see change towards equity, inclusion, and minimizing the Indigenous wealth gap.