Year End Tax Reminders and Holiday Hours

Year End Tax Reminders and Holiday Hours

With December 31, 2025 fast approaching we would like to leave you with some Year-End tax planning reminders and our holiday office hours.

Year-End Tax Planning Reminders

  • CRA Tax Instalments: The fourth-quarter instalment for clients who are self-employed or required to make instalment payments is due December 15.
  • RRSP Contributions for the 2025 tax year can be made until March 2, 2026. Consider a spousal RRSP where it may provide greater tax savings.
  • Charitable Donations made by December 31, 2025 will qualify for a 2025 charitable tax credit.
  • Additional Planning Topics Include:
    • Updates affecting capital gains, OAS/CPP income, and year-end loss planning
    • Incentives for homebuyers, families, students, and individuals with disabilities
    • Deadlines and contribution limits for RRSPs, TFSAs, FHSAs, RESPs, and RDSPs
    • Tax planning for business owners, including sales, asset purchases, and short-term rental compliance
    • Cross-border tax considerations and voluntary disclosure opportunities
    • Remuneration planning to smooth income and optimize government benefits.

Further information is available in our December 2025 Tax Tips Newsletter. Our team is here to support you as we wrap up 2025 and prepare for the year ahead.

Holiday Office Hours

December 22, 23, 29, 30Regular Hours
December 24, 31Early Closure 1pm
December 25, 26, January 1Closed
January 2Regular Hours

Warmest wishes for a wonderful holiday season and a successful 2026!



Contact Us

HVGP LLP

4308 Village Centre Court

Mississauga, Ontario L4Z 1S2

Phone: 905-891-5339

Fax: 905-891-1513