April 13, 2022
Ontario Business Tax Grace Period 2022

The Ontario government is providing a six-month interest- and penalty-free period to make payments for most provincially administered taxes The six-month period started on January 1, 2022 and will end on July 1, 2022. 

This measure will make available up to $7.5 billion in relief for more than 80,000 Ontario businesses. Businesses will have the option to delay their payments for the following provincially administered taxes:

  • Employer Health Tax
  • Beer, Wine & Spirits Taxes
  • Tobacco Tax
  • Insurance Premium Tax
  • Fuel Tax
  • International Fuel Tax Agreement
  • Gas Tax
  • Retail Sales Tax on Insurance Contracts & Benefit Plans
  • Mining Tax
  • Race Tracks Tax