The Canada Revenue Agency has processed 18.6 million individual tax returns so far during the 2021 tax season, with 12.2 million returns resulting in a refund, 4.3 million in a balance owing and 2.1 million in a nil balance.
The statistics, which the agency posted on Tuesday, were for the period from Feb. 8 to April 26. The 2021 tax filing season runs from February 2021 to January 2022.
Original Article Source Credits: Advisor’s Edge ,https://www.advisor.ca/
Article Written By: Rudy Mezzetta
Original Article Posted on: April 28, 2021
Link to Original Article: https://www.advisor.ca/tax/tax-news/cra-has-processed-18-6-million-returns-so-far-in-2021/