Deferral of GST/HST, QST and Corporate Income Tax Payments
On March 21, 2025, the federal government announced a temporary relief measure to support businesses facing economic challenges. This measure allows businesses to defer the payment of GST/HST and corporate income tax balances from April 2 to June 30, 2025. During this period, no interest will be charged on any outstanding tax or GST/HST payments, including any existing balances.
The Québec government has chosen to align with the federal government regarding the QST system and corporate income tax as part of this temporary relief.
It is important to note that businesses must continue to submit their tax returns on time during the period from April 2 to June 30, 2025. Starting July 1, 2025, interest will resume on any unpaid amounts, including those that were deferred. Therefore, it is essential to keep your tax returns up to date to avoid any complications once the grace period ends.
Contact Person
For further information, please reach out directly to Malak Hassan or your advisor at Forvis Mazars.
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