What Prince Edward Islanders need to know to navigate this tax season [Video]

Tax season officially kicked off Monday as the Canada Revenue Agency opened its filing portal.

This year, there are a few important changes to be aware of.

CBC News has gathered these resources to help Prince Edward Islanders complete their taxes.

When’s the deadline?

For most individuals, the deadline to file personal income taxes — and avoid interest charges on any balance owed — is April 30.

If you are self-employed or operate a business, the deadline for paying any money owing is April 30, but you do not have to file your return until June 16.

What’s new?

There are a few things to keep in mind when filing your 2024 taxes.

At least for now, Islanders don’t have to worry about capital gains tax changes. The federal government said last month it would reverse courseon increases to the capital gains tax initially announced in the last federal budget, delaying the effective date of the …