COVID-19: Economic Relief Measures Announced to Date

  • The deadline for individuals for filing provincial income tax returns for the 2019 taxation year is postponed to June 1, 2020, from April 30, 2020.
  • The deadline for filing an income tax return for the 2019 taxation year of an individual who died in that year, but before December 1, 2019, is postponed to June 1, 2020.
  • The minimum withdrawal by annuitants from their registered retirement income funds (RRIFs) is reduced by 25% for 2020.
  • Requests or renewals of advanced payments from the tax credit for home-support services for seniors that would otherwise be filed between March 17, 2020, and June 1, 2020, are granted an extra four months from the renewal date to make the request. Current payments are maintained in the meantime.
  • Deadlines to submit renewal requests to the Housing Allowance Program are extended by 2 months but in no case later than December 1, 2020.
  • To limit in-person contact, Revenu Québec will allow tax preparers to use an electronic signature on certain forms. The forms in question are form TP-1000.TE-V (for individuals) and form CO-1000.TE (for corporations).
  • The deadline to remit any unclaimed property to the Minister of Revenue, which corresponds to the end of the first quarter following the end of the fiscal year in which the property has become unreported, is postponed to August 31, 2020. No late payment interest or penalties in respect of property which has become unclaimed during a fiscal year ending between December 17, 2019, and May 30, 2020, will accrue as long as the property is remitted to Revenu Québec before September 1, 2020. The 10-year limitation period for remitting amounts less than $500 to the Minister of Finance is suspended until the expiration of the COVID state of emergency. The following activities related to processing new unclaimed property are temporarily suspended until the health emergency is lifted: processing unclaimed property, maintaining the register of unclaimed property, searching for rights-holders and liquidating unclaimed successions already entrusted to Revenu Québec, as well as 10-year limit for recovering amounts less than $500 from the Minister of Finance.
  • On April 9, 2020, the government announced a measure to extend to July 31, 2020, the deadline for filing the return for the tax on lodging for the first calendar quarter of 2020, otherwise due by April 30, 2020, as well as the related remittance.
  • As of April 20, 2020, no measures have been announced regarding other taxes such as:
    • the tax on alcoholic beverages;
    • the tax on insurance premiums;
    • the specific duty on new tires;
    • the municipal tax for 9-1-1 services;
    • the fuel tax; and
    • the tobacco tax.
  • As of May 2020, payments of the solidarity tax credit will not be used to repay debts. However, this measure does not apply to support debts. The end date of this temporary measure will be determined in the coming months.
  • Taxpayers who are unable to file their 2019 income tax return before the June 1, 2020, deadline will continue to receive the solidarity tax credit until September 2020, unless Revenu Québec determines that they are no longer entitled to them. The credit will be determined based on the 2018 income tax return and the information in Revenu Québec’s files.
  • The Tax Assistance Service Volunteer Program provides free virtual and telephone assistance with filing income tax returns. An easing of administrative regulations will allow volunteers get required authorizations from taxpayers more easily and keep taxpayer information secure while limiting physical contact.
  • For more information, see the Minister of Finance’s press releases from March 18th[273] and March 19th[274] and the Ministry of Finance’s Bulletins 2020-3[275], 2020-4[276], 2020-5[277] and 2020-6[278].

Student loans repayment deferral

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