Recent News/News Feeds

The following news feed articles are compiled from: Canada Revenue Agency - Tax Tips, Individuals Tax Information Newsletters, Business Tax Information Newsletters.

Interest rates for the fourth calendar quarter - 27-SEP-18

The Canada Revenue Agency (CRA) announced today the prescribed annual interest rates that will apply to any amounts owed to the CRA and to any amounts owed by the CRA to individuals and corporations. These rates will be in effect from October 1, 2018 to December 31, 2018.

Digital service collaboration plan between the CRA and Tax-filer Empowerment Canada - 27-SEP-18
The CRA and Tax-filer Empowerment Canada (TFEC), an association of Canada’s leading tax preparation and software firms, have signed a joint digital service improvement plan to improve services for Canadians.

Canada Revenue Agency and Tax-Filer Empowerment Canada collaborate on providing digital services to Canadians - 27-SEP-18
Canadians deserve high-quality services delivered in a timely and efficient way.

Minister Lebouthillier launches national consultations to improve CRA services for small and medium businesses - 26-SEP-18
The Government of Canada recognizes the important role of small and medium businesses in creating jobs and supporting the economy.

What you need to know: Changes to the Non-accountable allowances paid to elected members of legislative assemblies, certain municipal officers, and members of public or separate school boards - 25-SEP-18

For 2019 and subsequent tax years, non-accountable allowances paid to elected members of legislative assemblies, certain municipal officers and certain other individuals will be fully included in income.

Back to school tax tips for parents - 17-SEP-18

It's that time of the year again: summer is over and your kids have gone back to school or daycare—expenses are adding up! Luckily, there are a few things you can do now to potentially get money back when you file your tax return.

Canada Revenue Agency offers taxpayer relief to Canadians affected by wildfires - 28-AUG-18
Natural disasters cause hardship for Canadians whose primary concerns in such times are for their families, homes, businesses, and communities.

Benefits being reviewed? Here’s what you need to know - 27-AUG-18

How will I know my benefits are being reviewed? You’ll get a letter and questionnaire from us. This letter will ask you to provide information so we can check to make sure the benefits or credits you’re receiving are correct.

Northern service improvement strategy - 24-AUG-18
The Minister of National Revenue and the Canada Revenue Agency (CRA) have consulted territorial residents and businesses, and have heard about the challenges they face in meeting their tax obligations and receiving benefits.

Minister Lebouthillier announces the opening of three Canada Revenue Agency Northern Service Centres - 24-AUG-18
The Government of Canada is committed to ensuring that all Canadians, regardless of where they live, have access to Canada Revenue Agency (CRA) services.

Update – Minister Lebouthillier announces service improvements for Canadians in the territories - 21-AUG-18
On Friday, August 24, 2018, the Honourable Diane Lebouthillier, Minister of National Revenue, will announce improvements to the Canada Revenue Agency (CRA) services available to Canadians in the Yukon, Northwest Territories, and Nunavut.

Statement by the Minister of National Revenue and the Minister of Finance on the Government's commitment to clarifying the rules governing the political activities of charities - 15-AUG-18
Today, the Honourable Diane Lebouthillier, Minister of National Revenue, and the Honourable Bill Morneau, Minister of Finance, issued the following joint statement on the Government of Canada’s commitment to clarify the rules governing the political activities of charities:

Minister Lebouthillier highlights initiatives to improve CRA services in Baie-Comeau - 27-JUL-18
Improving services at the Canada Revenue Agency (CRA) is a priority for the Government of Canada.

Minister Lebouthillier highlights the arrival of the enhanced Canada Child Benefit - 19-JUL-18
Helping hard-working middle class families provide the best start in life for their children is a top priority for the Government of Canada.

Improving services for businesses - 27-JUN-18

June is a busy time in the tax year for Canadian businesses. A high volume of Canadian corporations are expected to file T2 corporate returns this month. The CRA is working to reduce the time and effort it takes for businesses to manage their tax affairs by constantly improving services for them.