That's interesting. I didn't know that. Talk about a double whammy -- they hang on to the refund longer and charge the taxpayer for the privilege.Do you do your own taxes or pay someone else to do them?
* It's April 30th. The last day for filing your income tax. Remember even if they owe you Income Tax Act 162 (7) states that CRA can charge you $25.00/day to a maximum of 100 days for every day that you are late in filing your return.
One more thing I've heard is that late filers attract extra scrutiny than usual. So, it's best to file taxes on time!