what is tax filing deadline for 2023?
tiamzonauthorWhat is the Tax Filing Deadline for 2023?
Every year, taxpayers around the world must follow certain deadlines for filing their tax returns. These deadlines are important because failure to meet them can result in penalties and late fees. For the 2023 tax year, taxpayers in various countries must abide by certain deadlines to submit their tax returns. This article will provide an overview of the tax filing deadlines for 2023 in various countries.
United States
In the United States, individuals and businesses have until April 18, 2023, to file their 2022 tax returns with the Internal Revenue Service (IRS). This deadline is extended from the usual April 15 date due to the Emancipation Day holiday in observation of Abraham Lincoln's birthdate. Any tax payments due by April 18 must also be submitted by that date. Taxpayers who missed the extended deadline may still request an extension and pay the tax due by October 16, 2023.
Canada
In Canada, individuals and businesses have until April 16, 2023, to file their 2022 tax returns with the Canada Revenue Agency (CRA). Like in the United States, the deadline is extended due to Emancipation Day. Any tax payments due by April 16 must also be submitted by that date. Taxpayers who missed the extended deadline may still request an extension and pay the tax due by September 15, 2023.
Australia
In Australia, individuals and businesses have until October 31, 2023, to file their 2022 tax returns with the Australian Taxation Office (ATO). This is the usual deadline for tax returns in Australia. Any tax payments due by October 31 must also be submitted by that date. Taxpayers who missed the deadline may still request an extension and pay the tax due by February 28, 2024.
UK
In the United Kingdom, individuals and businesses have until October 31, 2023, to file their 2022 tax returns with Her Majesty's Revenue and Customs (HMRC). This is the usual deadline for tax returns in the UK. Any tax payments due by October 31 must also be submitted by that date. Taxpayers who missed the deadline may still request an extension and pay the tax due by January 31, 2024.
Tax filing deadlines for 2023 vary by country. In the United States, Canada, Australia, and the United Kingdom, taxpayers have until October 31, 2023, to file their 2022 tax returns. Any tax payments due by the respective deadlines must also be submitted by that date. Taxpayers who missed the deadline may still request an extension and pay the tax due by the respective extended or alternative deadline. It is essential for taxpayers to be aware of their country's tax filing deadlines to avoid penalties and late fees. For more information, please consult a tax professional or the relevant tax agency in your country.