CRA recently sent out a reminder that if your charity has a December 31 fiscal year end, you need to file your T3010 by June 30, 2023. Keep in mind that the number one reason that a Canadian charity loses its registered charity status is the non-filing of the T3010. Also, there are serious consequences for filing a T3010 that is inaccurate or incomplete.
For those who have filed by paper in the past, it is a good idea to look into filing using the CRA MyBA system online. It avoids the months of worrying about ‘whether CRA received your T3010’ and whether they inputted the information correctly.
For those that are interested in understanding more about the T3010 we have a course that might be useful.
Here is the CRA note:
Canada Revenue Agency
June 2, 2023
Reminder: File your return by June 30!
If your charity’s fiscal year ended on December 31, the deadline to file your T3010 annual information return is June 30.
As this deadline approaches, we encourage all charities to file their return using our online services for charities offered through My Business Account (MyBA) – it’s fast, easy to use, convenient, and secure!
If you haven’t done so already, sign up for MyBA. If you are an authorized representative, sign up for Represent a Client.
After registering, simply log in with your CRA user ID and password. The required forms, sections, and schedules are identified for you, so filing a complete return is easy.
Important update to the information return
On June 23, 2022, the Government of Canada passed legislation to allow Canadian registered charities to make grants to non-qualified donees (grantees). For more information, see CG-032, Registered charities making grants to non-qualified donees (draft).
To reflect this change, we have updated the registered charity information return:
- updated Form T3010, Registered Charity Information Return, which now requires charities to report grants they made to non-qualified donees (grantees).
- the new Form T1441, Qualifying Disbursements: Grants to Non-Qualified Donees (Grantees), which allows charities to report detailed grant information, as required by the Income Tax Act.
You must use the updated version of the T3010 when filing your charity’s return. If you already filed a return for your fiscal period end, you do not need to refile with the new form. Ensure that you keep adequate books and records to support all granting activities.
We’re here to help
For tips on completing your return, consult our T3010 charity return – Overview page or refer to our comprehensive guide on Completing the Registered Charity Information Return.
For step-by-step instructions on registering for MyBA, please visit Access our online services for charities.
As always, our client service team is here to support you. If you require assistance completing your return or using online services, please call us at 1-800-267-2384. Our representatives are available to help you Monday through Friday, 9 am to 5 pm, local time.