The Canada Revenue Agency (CRA) is updating how you access Business Registration Online (BRO) to improve security and to enhance service delivery.
Did you recently receive a call or a letter from the Canada Revenue Agency (CRA) telling you that you owe money?
The Canada Revenue Agency (CRA) has made updates to help us process your disability tax credit (DTC) applications faster, while ensuring everything goes smoothly for you.
Tax situations can be complicated. If you made a mistake, missed a filing deadline, or forgot to report income, you are not alone.
If you’re self-employed, tax season can feel overwhelming. The Canada Revenue Agency (CRA) is here to help.
For most Canadians, tax season may be over, but fraudsters aren’t taking a break from trying to get into your Canada Revenue Agency (CRA) account.
Filing your taxes every year isn’t just about reporting your income — it’s the key to getting (and keeping) the benefits and credits that help you with everyday costs, including the new Canada Groceries and Essentials Benefit (CGEB).
If you’ve filed your taxes but realized later that you forgot to claim a deduction, report income, or made an error, there’s no need to worry!
The Canada Carbon Rebate for Small Businesses was a refundable tax that returned a portion of the federal fuel charge proceeds collected between 2019-2020 and 2024-2025 directly to eligible Canadian-controlled private corporations (CCPCs).
Is your business engaged in scientific research and experimental development (SR&ED)?
The Canada Revenue Agency (CRA) is committed to making it easier for First Nations, Inuit, and Métis Peoples to file their taxes and receive the benefit and credit payments they’re entitled to.
Running a business means keeping up with tax changes, new services, and important reminders from the Canada Revenue Agency (CRA).
The Canada Revenue Agency (CRA) will permanently close all drop boxes currently available at 45 locations across Canada on May 29, 2026.
The Canada Revenue Agency (CRA) is now accepting applications for the new first-time home buyers’ (FTHB) GST/HST rebate, one of the ways the Government of Canada is making homes more affordable.
Individuals are no stranger to tax scams, whether they come by letter, email, text, or phone call.
Many newcomers qualify for benefit and credit payments based on their income and family situation.
The Government of Canada has proposed changes to the trust reporting requirements for the 2025 taxation year.
Filing an income tax and benefit return matters for everyone, but it’s especially helpful if you have a lower income.
On February 23, 2026, you will be able to file your 2025 income tax and benefit return online!
The Canada Revenue Agency (CRA) continues to work diligently to improve our service and ensure we’re ready to support you this tax season.
As tax season approaches, many Canadians work with a tax preparer to file their return.
The Canada Revenue Agency (CRA) will introduce a backup multi-factor authentication (MFA) requirement for CRA account users if they do not already have one.
Trucking is essential to connecting Canada and supporting our economy, but tax non-compliance in this sector undermines fair competition.
When it’s time to do your taxes, having all of your tax slips is one of the most important steps to getting your return right the first time.
The Canada Revenue Agency (CRA) is ready for the 2026 tax season, are you?
Life is full of milestones that change your perspective, introduce a new adventure, or bring you a host of new decisions.
Keeping your CRA account up to date is one of the simplest ways to prevent delays, avoid disruptions, and make tax season run smoothly.
During tax season, threat actors ramp up their efforts to attempt to access taxpayers’ accounts at the Canada Revenue Agency (CRA) to file fraudulent tax returns and benefit claims.
The Canada Revenue Agency (CRA) now sends most business correspondence online through the My Business Account portal in your CRA account, instead of by paper mail.
The Canada Revenue Agency (CRA) is warning Canadians about certain financial arrangements involving critical illness insurance that may be designed to avoid paying taxes.
November is Financial Literacy Month, and this year’s theme, ‘Talk Money,’ encourages Canadians to have open, honest conversations about their finances.
Starting November 3, 2025, registrations for new business number (BN) or Canada Revenue Agency (CRA) program accounts must be done online.
The Canada Revenue Agency (CRA) is committed to helping taxpayers correct their past tax mistakes.
Canadians have been contributing to tax-free savings accounts (TFSA) since 2009, enjoying tax-free investment growth. Did you know that it’s possible to overcontribute and be subject to tax?
A First Home Savings Account (FHSA) lets you save for a qualifying home with tax-free growth and tax-deductible contributions, making it a great option for potential first-time home buyers.
The Canada Revenue Agency (CRA) is enhancing and changing its authorization service for individuals. Here is what you need to know.
The Canada Revenue Agency (CRA) is making it easier for newcomers arriving in Canada to apply for benefit and credit payments.
Understanding the tax filing and payment deadlines for Canadian businesses can be tricky since different businesses have different deadlines.
When it comes to filing an income tax and benefit return, most individuals choose to file online because it’s fast, easy, and secure.
The Canada Revenue Agency (CRA) understands that life can move fast, and tasks like filing your income tax and benefit return can slip through the cracks.
The confidence and trust that individuals and businesses have in the CRA is a cornerstone of Canada’s tax system.
Doing your taxes each year can feel like a big job, but you don’t have to do it alone!
It’s never been easier to do your taxes online. In fact, online filing gets you access to the benefits, credits, and refunds you may be eligible for even faster!
For the 2024 tax year, the Canada Revenue Agency (CRA) will continue to administer the enhanced trust reporting rules as enacted for tax years ending on or after December 31, 2023.
If you file information returns, such as the T3 (trust income), T4 (remuneration paid), T4A (pension and other income), or T5 (investment income), there are some important updates you need to be aware of.
Tax season starts next week! When the calendar flips to February 24, 2025, you will be able to file your income tax and benefit return online.
Tax season is almost here!
If you lived in a northern or remote area for six months or more in 2024, you may qualify for the northern residents deductions.
The Department of Finance announced today that it will introduce legislation in Parliament in due course, related to the capital gains inclusion rate change with a new effective date of January 1, 2026.
You may be one of 2 million Canadians invited to use SimpleFile to automatically file your income tax and benefit return with the Canada Revenue Agency (CRA) for free this tax season!
Did you just move to Canada? Filing your income tax and benefit return is important to get the benefit and credit payments you’re entitled to. These payments can help support you financially.
The Canada Revenue Agency (CRA) is working to ensure that you get the information you need about the taxes and benefits that apply to you.
Changes to the income tax rules now deny income tax deductions related to non-compliant short-term rentals after 2023.
This tax season, the Canada Revenue Agency (CRA) wants to help you get all the benefit and credit payments that could put money in your pocket.
Tax season is almost here, and you may be wondering if you should file a tax return.
This tax season, the Canada Revenue Agency (CRA) has simplified its sign-in process, making it easier to access the My Account, My Business Account, and Represent a Client portals with a single sign in.
Whether you’re a homeowner, are saving for your first home, or just bought your first home, there are tax incentives you should know about.
On December 12, 2024, the legislation to enact the Goods and Services Tax/Harmonized Sales Tax (GST/HST) break was passed into law by the Government of Canada.
The Canada Revenue Agency (CRA) would like to remind taxpayers and registrants that they have until December 31, 2024, to make a taxpayer relief request related to the 2014 tax year or reporting period.
The T4 and T4A reporting requirements for employer- and payer-offered dental benefits, for issuers who would otherwise enter code 1, are waived again for 2024.
No matter how you file your income tax and benefit return, the Canada Revenue Agency (CRA) is committed to making sure you get any refund, benefit, or credit payments that you may be eligible for.
The Canada Revenue Agency provides a range of federal tax credits aimed at helping your business save money.
Starting in spring 2025, the Canada Revenue Agency (CRA) will transition to online mail as the default method of delivering most business correspondence.
This Financial Literacy Month (FLM) we are talking about money and sharing with you ways to improve your finances through improved tax literacy.
Starting January 2025, there will be updates to how information returns are filed electronically.
November is Financial Literacy Month and this year, the theme is “Money on your mind? Talk about it”. Talking about money is not easy – we get it. However, improving your tax literacy can be directly beneficial to you!
In 2024, a second earnings ceiling was introduced, the Year’s Additional Maximum Pensionable Earnings (YAMPE). The YAMPE is used to determine second additional Canada Pension Plan contributions (CPP2).
As we approach the end of this year’s Cyber Month, the Canada Revenue Agency (CRA) is reiterating the importance of safeguarding personal information from ever-evolving cyber security threats.
Crypto-assets are digital assets that exist on a cryptographically secured distributed ledger.
Crypto-assets are digital assets that exist on a cryptographically secured distributed ledger.
To make it easier for you to understand your tax obligations as a platform economy participant, we made a list of the top ten tips you need to know.
Whether the earnings you make from online platforms is your main source of income, or a small part of it, you are considered to be a platform economy participant.
The Scientific Research and Experimental Development (SR&ED) tax incentive program provides over $3.7 billion annually in tax incentives to businesses who conduct research and development in Canada.
As we celebrate Small Business Week from October 20 to 26, the Canada Revenue Agency (CRA) is here to support Canada’s small business community.
Hi, I’m Charlie! Charlie the chatbot. You can find me on the Canada.ca/CRA webpage where I can answer questions about your business and other tax-related matters. From January to June 2024, I was asked just over 1,100,000 questions in English and 160,000 questions in French.
The Canada Revenue Agency (CRA) would like to highlight new information about the Canada Carbon Rebate for Small Businesses, a refundable tax credit designed to support small and medium-sized enterprises across Canada.
Every October, Cyber Month highlights the importance of safeguarding personal information from ever-evolving cyber security threats.
You may be affected by Canada’s new Reporting Rules for Digital Platform Operators if you use digital platforms to earn income.
New reporting requirements for digital platforms have been implemented to increase transparency and support compliance in the international tax community.
Tax literacy is an important life skill, and we want to make sure that students have the knowledge, skills, and confidence to make the right decisions about taxes.
Heading back to school? Make sure tax literacy is on your course calendar! Understanding taxes will help you make smart decisions about your finances – how to put money in your pocket and help you save for a holiday, a car, or a house of your own.
This July, the Canada Revenue Agency (CRA) expanded its SimpleFile services (phone, digital, and paper) to invite more than 500,000 eligible lower-income individuals to file their return and potentially gain access to important benefit and credit payments.
As of June 20, 2024, certain psychotherapists and counselling therapists are no longer required to collect the GST/HST on their services.
The July 15 deadline approaches to be eligible for the Canada Carbon Rebate for Small Businesses.
What is changing starting January 2025
The Canada Revenue Agency (CRA) is responsible for collecting individual overpayments for all COVID-19 benefit programs, such as the Canada Emergency Response Benefit (CERB), the Canada Recovery Benefit (CRB) and the Canada Worker Lockdown Benefit (CWLB).
Whether you’re here for the heat or not – we know one thing will never go out of season: benefit and credit payments and tax-free savings.
The Canada Carbon Rebate for Small Businesses is a refundable tax credit announced in Budget 2024 to return a portion of federal fuel charge proceeds directly to eligible Canadian-controlled private corporations (CCPCs).
Earlier this month, we issued a tax tip answering your top seven business tax information questions. Now that the basics are covered, we can turn to more specific questions.
The deadline to apply for the second and last benefit period of the interim Canada Dental Benefit (CDB) is fast approaching – apply by June 30!
The Canada Revenue Agency (CRA) is here to support you and your business in meeting your tax obligations.
The platform economy includes economic activities facilitated by digital platforms, like websites or mobile applications.
Question 1: What are some of the 2024 tax changes that could affect my business?
From students to families to seniors to newcomers, Canadians are finding it difficult to find the types of rental homes they need at prices they can afford.
Our digital services make handling your business tax matters faster and easier.
The Canada Revenue Agency (CRA) is now accepting grant applications from community organizations that offer free tax clinics through the Community Volunteer Income Tax Program (CVITP) and the Income Tax Assistance – Volunteer Program (ITAVP) in Quebec.
Filing your income tax and benefit return each year is what you need to do to receive any benefit and credit payments you're entitled to.
If you're self-employed, navigating your tax obligations may seem complicated.
Life is full of responsibilities, from school and work to family and everything in between.
Receiving a letter from the Canada Revenue Agency (CRA) telling you that you owe money can be stressful.
To support ongoing efforts to ensure the effectiveness and integrity of Canada’s tax system, the Government of Canada introduced new reporting requirements for trusts.
Crypto-assets are digital assets that exist on a cryptographically secured distributed ledger.
Whether the earnings you make from online platforms is your main source of income, or a small part of it, you are considered to be a platform economy participant.
Crypto-assets are digital assets that exist on a cryptographically secured distributed ledger.
Canadians have been contributing to tax-free savings accounts (TFSA) since 2009, enjoying tax-free investment growth.
If you’re an international student studying in Canada and a resident for tax purposes, you could get benefit and credit payments that can help with your cost of living.
March is Fraud Prevention Month in Canada and around the world.
Filing your tax return is nothing new. This year’s theme is life events: we know there are a lot of little moments that can add up to big changes in life.
In Canada, individuals and families can receive benefit and credit payments to help with the cost of living and raising a family.
Did you open a First Home Savings Account (FHSA) in 2023? If so, you need to be aware of this important information.
Every March, the Canada Revenue Agency (CRA) joins organizations around the world to recognize Fraud Prevention Month.
At tax time, some of us may be excited to file an income tax and benefit return to receive a refund or benefit and credit payments.
Understanding the tax filing and payment deadlines for Canadian businesses can be tricky since different businesses have different deadlines.
The Canada Revenue Agency (CRA) has recently discovered a tax scheme that targets newcomers to Canada. This scheme tells newcomers which benefit and credit payments they may claim for periods of time before they arrived in Canada.
For GST/HST reporting periods that begin in 2024, all GST/HST registrants, except for charities and selected financial institutions, are required to file returns electronically.
Filing your tax return every year allows the Canada Revenue Agency (CRA) to determine your entitlement for a refund and benefit and credit payments.
The Canada Revenue Agency’s (CRA) SimpleFile by Phone (formerly File My Return) is a free, easy, automated phone service.
Millions of Canadians file an income tax and benefit return every year.
If you lived in a northern or remote area for six months or more in 2023, you may qualify for the northern residents deductions.
When you think about your favourite ways to spend your time, filing an income tax and benefit return probably isn’t at the top of your list.
We get it – people have different preferences when it comes to filing their tax returns.
Canadians can save for a home tax-free using the First Home Savings Account (FHSA).
The Canada Revenue Agency is currently updating its webpages and Form T2200 for the 2023 tax year.
It’s almost that time of year again: tax season.
Recipients of T4A and T5 tax information slips no longer have to provide permission to receive them through a secure portal.
The Government of Canada is committed to improving access to dental care services to help people get the dental care they need and make life more affordable to Canadians.
The maximum pensionable earnings under the Canada Pension Plan (CPP) will be $68,500—up from $66,600 in 2023.
The Government of Canada has introduced new reporting requirements for trusts.
Crypto-assets are digital assets that exist on a cryptographically secured distributed ledger.
Second additional CPP and QPP contributions begin in 2024.
This Small Business Week, October 15 to 21, the Canada Revenue Agency (CRA) is celebrating the passion and impact of Canada’s entrepreneurs, cornerstones of our neighbourhoods and communities.
The Canada Revenue Agency (CRA) is always on the lookout for tax schemes and opportunities to warn Canadians about them.
Hi, I’m Charlie! Charlie the chatbot.
Building a secondary unit for a senior or a family member with a disability?
It’s time to hit the books again!
This back to school season, we are here to make it easy to teach and understand taxes.
As the new academic year approaches, helping your child understand taxes can set them up for success.
The wildfires in British Columbia (BC) and the Northwest Territories (NWT), have had a devastating impact on many Canadians and businesses residing in the area.
Recent legislation has amended mandatory electronic filing thresholds.
We know how fast a Canada summer can pass us by, so we wanted to let you know about the Canada Revenue Agency (CRA)’s good news before you head off-grid to enjoy all of the natural wonders Canada has to offer!
The Canada Revenue Agency (CRA) has made it faster and easier than ever for persons with disabilities and their medical practitioners to complete the Disability Tax Credit (DTC) application form, by introducing a new fully digital application process.
The Canada Revenue Agency (CRA) is here to support you and your business in meeting your tax obligations.
If you are an employer and offer taxable benefits to your employees or workers, please review the January 1, 2023, updates to taxable benefits policies on gifts, awards, long-service awards, social events, hospitality functions, and parking.
Last summer, we issued a tax tip with answers to five of the top business tax information questions. Here are answers to five more!
Is your business doing research and development (R&D) work in Canada? Getting all of the Scientific Research and Experimental Development (SR&ED) tax incentives to which your business may be entitled is not only top of mind for you, but for the Canada Revenue Agency (CRA) as well.
Each year, the Canada Revenue Agency (CRA) monitors how many people have filed their tax returns, so that we can work to adjust our services according to your needs. As of May 9, 2023, 27.6 million tax returns have been received, representing a 3.4% increase from last year.
Our digital services make handling your business’s tax matters faster and easier. You and your authorized employees and representatives can file, pay and access detailed information about your tax accounts. Here is information about the CRA’s most used digital services, as well as information on how to find the rest.
If you permanently lived in a prescribed northern zone (Zone A) or a prescribed intermediate zone (Zone B) for a continuous period of at least six consecutive months beginning or ending in the tax year, you may be eligible to claim the northern residents deductions on your income tax and benefit return.
Millions of Canadians file their income tax and benefit returns every year.
The Canada Revenue Agency (CRA) has resumed efforts to recover taxpayers' debt.
The gig economy is based on temporary and freelance work, or short-term contracts.
The Canada Revenue Agency (CRA) understands that there are unique challenges for affected owners in the first year of the Underused Housing Tax Act (UHTA) administration.
A cryptocurrency is a type of virtual asset that is protected using cryptography. It typically uses a system called a blockchain to record and keep a history of transactions.
It’s important to do your taxes on time to make sure you get all the benefits and credits you’re entitled to.
A peer-to-peer (P2P) transaction involves the selling of goods from one person or party directly to another.
The Canada Revenue Agency would like to remind you that it resumed its activities aimed at offsetting taxpayers' debt last October.
A cryptocurrency is a type of virtual asset that is protected using cryptography.
We want to help you get the benefits and credits you are entitled to.
In the sharing economy, individuals and businesses share their assets with others for a price. Arrangements are generally made using online platforms through a third party, or using a website or an application (app).
A cryptocurrency is a type of virtual asset that is protected using cryptography. It typically uses a system called a blockchain to record and keep a history of transactions.
Scammers posing as the Canada Revenue Agency (CRA) continue their attempts to trick you into handing over money or personal information.
Social media influencers use social media platforms, such as YouTube, Instagram, Twitch, Facebook, Twitter, or a blog to publish posts and build up followers of their content.
A cryptocurrency is a type of virtual asset that is protected using cryptography. It typically uses a system called a blockchain to record and keep a history of transactions.
Every year, the Canada Revenue Agency (CRA) tracks the questions people ask us and use that information to design new services and improve our processes.
Worried about tax-filing season? Don’t be! Our easy-to-use digital services can improve the filing process and save you time.
A cryptocurrency is a type of virtual asset that is protected using cryptography.
The protection of taxpayer information is of the utmost importance for the Canada Revenue Agency (CRA).
Millions of Canadians file their income tax and benefit returns every year. For the 2022 tax-filing season, Canadians filed approximately 31 million returns and 92% of them were filed electronically.
Every year, we send letters to eligible Canadians inviting them to file their income tax and benefit returns with the CRA's File my Return automated phone service.
No one likes last-minute delays or waiting on the phone at tax time.
Did you receive COVID-19 benefit payments from the Canada Revenue Agency (CRA) in 2022? If you did, you should receive a T4A Statement of Pension, Retirement, Annuity, and Other Income slip.
The Canada Revenue Agency (CRA) is digitizing the Special Elections and Returns (SERs) forms which will now allow taxpayers to file these requests electronically using Submit Docs or certified software.
Seniors, we’re here to help make sure you get all the benefits and credits that you may be entitled to! These tips will help you complete your income tax and benefit return and avoid interruptions to your benefit and credit payments.
As a student, you may have many questions about taxes. It might even be your first time filing an income tax and benefit return, and that’s okay!
The Canada Revenue Agency (CRA) strives to be trusted, helpful, and fair by putting people first. No matter how you decide to file, we’re committed to making sure you get the benefits and credits you’re entitled to.
The holidays are approaching, but scammers aren’t taking any breaks from their attempts to trick you into handing over money or personal information.
The Canada Revenue Agency (CRA) would like to remind taxpayers and registrants that they have until December 31, 2022, to make a taxpayer relief request related to the 2012 tax year or reporting period.
No one likes last-minute delays or waiting on the phone at tax time.
The first of the Government of Canada’s new financial support measures will take effect this Friday, November 4, 2022 with the additional one-time goods and services tax credit (GST credit) payment.
The maximum pensionable earnings under the Canada Pension Plan (CPP) for 2023 will be $66,600—up from $64,900 in 2022.
During Small Business Week 2022, the Canada Revenue Agency (CRA) is celebrating small businesses and recognizing their contributions to the growth of our economy.
Have you or your business been approached by a third party offering to apply for Scientific Research and Experimental Development (SR&ED) tax incentives on your behalf?
On September 24 and 25, 2022, Hurricane Fiona swept through Atlantic Canada and part of Quebec, causing heavy rain and high winds.
The Government of Canada has proposed new financial support measures to make life more affordable for Canadians.
The Canada Revenue Agency (CRA) has launched re-designed Scientific Research and Experimental Development (SR&ED) Tax Incentive Program web pages to make it easy for you to find the information you need to claim SR&ED investment tax credits.
Did you know that some Canadians are entitled to benefits and credits but they don’t know that they are?
June 15, 2022, is the deadline for self-employed individuals to file their 2021 income tax and benefit return.
The Canada Revenue Agency (CRA) is here to support you and your business in meeting your tax obligations.
Do you think that the income tax and benefit return you filed for the 2021 tax year is missing important details or that you made a mistake?
The Canada Revenue Agency (CRA) is standing by to assist Canadians who may have received correspondence indicating that they will now have to repay some or all of the COVID-19 individual benefits that they received during the pandemic.
The Canada Revenue Agency (CRA) is committed to helping small and medium businesses by ensuring they have the information and guidance they need to stay organized and to better understand and meet their tax obligations.
Every tax season, thousands of people call us each week. They are looking for answers to their questions, trying to find information and wanting to solve any problems they have in doing their taxes.
Are you a last-minute filer? If you are, you are not alone. Check out the information below to streamline your tax-filing experience.
There are a variety of scams in Canada – with new ones invented daily.
If you're self-employed, we understand that navigating your tax obligations may seem complicated.
The Canada Revenue Agency (CRA) has observed a recent increase in Scientific Research and Experimental Development claims containing false and/or fraudulent information.
High call volumes to the Canada Revenue Agency's (CRA) Business Enquiries Line can result in long wait times to reach a client service representative.
If you lived in one or more prescribed zones for a continuous period of at least six consecutive months beginning or ending in the tax year, you may be eligible to claim the northern residents deductions on your income tax and benefit return.
Learn about your taxes is a new self-guided online course from the Canada Revenue Agency (CRA) for youth, new residents, and individuals who have never done their taxes before.
This tax season, there's a new way to confirm authorized representatives using My Account or My Business Account.
If you are First Nations, Inuit, or Métis, you are subject to the same tax rules as any other resident in Canada unless your income is considered tax exempt under section 87 of the Indian Act.
If you bought, built, sold or renovated a home in 2021, we're here to help you with your tax affairs.
The gig economy is based on temporary and freelance work, or short-term contracts.
Employees of the Canada Revenue Agency (CRA) are working hard to answer questions you may have about your tax affairs.
Getting ready to file your income tax and benefit return?
A peer-to-peer (P2P) transaction involves the selling of goods from one person or party directly to another.
Every tax season, thousands of people call us each week.
The Canada Revenue Agency (CRA) understands that many businesses are going through changes as they recover from the COVID-19 pandemic.
Scammers could contact you pretending to be from the Canada Revenue Agency (CRA).
In the sharing economy, individuals and businesses share their assets with others for a price.
New to doing your taxes? Don't worry, we're here to guide you through the process and answer your questions.
Most taxpayers comply with the tax laws in Canada, but some don't.
Filing your income tax and benefit return before the deadline is important to make sure your benefit and credit payments aren't interrupted.
If you are First Nations, Inuit, or Métis, you are subject to the same tax rules as any other resident in Canada unless your income is considered tax exempt under section 87 of the Indian Act.
A cryptocurrency is a type of virtual asset that is protected using cryptography. It typically uses a system called a blockchain to record and keep a history of transactions.
Social media influencers use social media platforms, such as YouTube, Instagram, Twitch, Facebook, Twitter, or a blog to make posts and build up followers of their content.
This tax season, the best way for you to avoid delays and get the tax information you need is to try our easy-to-use digital services.
This tax season, there's a new way to confirm authorized representatives using My Account or My Business Account.
Every year, we send letters to eligible Canadians inviting them to auto-file their income tax and benefit returns over the telephone with the CRA's File my Return service.
The Canada Revenue Agency (CRA) wants to help you and your clients prepare to file their income tax and benefit return this year.
A cryptocurrency is a type of virtual asset that is protected using cryptography.
Are you a Canadian business, charity or non-profit organization that has received one or more subsidies to cover part of your employee wages and hiring expenses or commercial rent and property expenses?
Due to ongoing challenges created by the COVID-19 pandemic, many Canadians are still working from home. That's why the Government of Canada is extending the temporary flat rate method so that Canadians will continue to have a simpler way to deduct home office expenses for the 2021 tax year.
Last year, Canadians filed almost 31 million income tax and benefit returns. Having the information you need on hand to file your return makes the filing process that much easier.
A cryptocurrency is a type of virtual asset that is protected using cryptography. It typically uses a system called a blockchain to record and keep a history of transactions.
Over the course of the COVID-19 pandemic, the Government of Canada has remained committed to ensuring that Canadian businesses are supported financially as our economy recovers.
If you're looking to avoid last-minute delays and waiting on the phone at tax time, then try our easy-to-use digital services!
A cryptocurrency is a type of virtual asset that is protected using cryptography.
If you have applied and received COVID-19 benefit payments from the Canada Revenue Agency (CRA) in 2021, this explains why you have received a T4A Statement of Pension, Retirement, Annuity, and Other Income slip.
A cryptocurrency is a type of virtual asset that is protected using cryptography. It typically uses a system called a blockchain to record and keep a history of transactions.
The Canada Revenue Agency (CRA) offers free Liaison Officer services to owners of small businesses and self-employed individuals to help them understand their tax obligations.
As a student, you may have many questions about taxes and might be filing an income tax and benefit return for the first time.
Getting all the benefits and credits to which you may be entitled to as a senior is not only top of mind for you, but for us as well! We have some tips to help you avoid interruptions to your benefit and credit payments.
The Canada Revenue Agency (CRA) strives to help millions of Canadians with different personal situations to easily understand and manage their taxes. No matter how you decide to file, we're committed to making sure you get the benefits and credits you're entitled to.
With the holidays just around the corner, scammers could contact you pretending to be from the Canada Revenue Agency (CRA).
The Canada Revenue Agency (CRA) would like to remind taxpayers and registrants that they have until December 31, 2021, to make a taxpayer relief request related to the 2011 tax year or reporting period.
The flooding in British Columbia and Eastern Canada is having a devastating impact on many Canadians and businesses.
If you're looking to avoid last-minute delays and waiting on the phone at tax time, then try our easy-to-use digital services! Through our digital services, you will be able to view your tax and benefit information, and update your Canada Revenue Agency (CRA) information ahead of time. By planning ahead, you will save time during tax season.
November is Financial Literacy Month in Canada. Financial literacy means having the knowledge, skills and confidence to make responsible financial decisions at any stage of your life. The Canada Revenue Agency (CRA) recognizes the importance of giving Canadians the information and tools they need to make sound financial decisions, and is proud to support Financial Literacy Month.
The maximum pensionable earnings under the Canada Pension Plan (CPP) for 2022 will be $64,900—up from $61,600 in 2021. The new ceiling was calculated according to a CPP legislated formula that takes into account the growth in average weekly wages and salaries in Canada.
No one “enjoys” paying taxes, but we recognize that it contributes to Canada's ongoing economic and social well-being. As the organization responsible for administering tax laws for the Government of Canada and for most provinces and territories, the Canada Revenue Agency (CRA) routinely makes decisions that impact how much tax businesses owe and whether they are eligible for certain credits.
During Small Business Week 2021, the Canada Revenue Agency (CRA) is recognizing the strength and hard work of Canadian small businesses as they continue to work through the COVID-19 pandemic. The Agency recognizes the impacts that the pandemic is having, particularly on small businesses, and we're here to help. Here are some CRA services that can support you and your small business now and in the future.
Starting on October 18, 2021, the Canada Revenue Agency (CRA) is introducing a new way to confirm authorized representatives using My Account or My Business Account. Whether you're an individual or a business, the new two-step digital process will help you protect your tax information and make authorizing new representatives more efficient and secure.
Business owners, the Canada Revenue Agency (CRA) understands that your time is valuable. We have online options to help you save time when paying your taxes.
The Canada Revenue Agency (CRA) understands that many businesses are going through changes as they recover from the COVID-19 pandemic.
Email notifications from the Canada Revenue Agency (CRA) let you know when you have mail to view in My Business Account, and when important changes have been made to your account.
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.
The Canada Revenue Agency (CRA) is providing Canadian businesses with important information to protect their business from tax schemes where individuals, including some promoters, tax representatives and tax preparers may be falsely submitting or inflating Canada Emergency Wage Subsidy (CEWS) claims.
The COVID-19 pandemic is affecting everyone, including small businesses and self-employed individuals. The Canada Revenue Agency (CRA) is adapting its services to help.
The Canada Revenue Agency (CRA) is here to support you and your business in meeting your tax obligations.
The Canada Revenue Agency (CRA) is warning Canadians about getting involved in tax schemes. Promoters, including some representatives, tax preparers and investment professionals, are encouraging their clients to participate in “straddle” schemes to reduce the amount of income tax they owe.
Now that you've filed your 2020 income tax and benefit return, it's possible that the Canada Revenue Agency (CRA) contacts you to discuss your tax and benefit situation. However, you should be aware of scammers pretending to be CRA employees. They often contact Canadians to try to trick them into making payments, and may try to reach you by telephone. To protect yourself from scams, it's important to know when and how the CRA might contact you.
If you think that the income tax and benefit return you filed for the 2020 tax year is missing important details such as the Home office expenses for employees or you made a mistake, you don't need to file a new return. Here's what you can do if you need to change your return.
If you are struggling with your tax payments, you can work with the Canada Revenue Agency (CRA) to find ways to pay your tax debt based on your financial situation. Let us help you.
The Canada Revenue Agency (CRA) is warning Canadians about getting involved in tax shelter gifting arrangement schemes.
A peer-to-peer (P2P) sale is the selling of goods or services from one person or party directly to another.
The Canada Revenue Agency wants your corporation to be ready for the new filing changes coming in May.
What is the gig economy? The gig economy is based on temporary and freelance work, or short-term contracts.
The Income Tax Act states that the deadline for most Canadians to file their income tax and benefit return is April 30.
The Canada Revenue Agency (CRA) continues to monitor the COVID-19 situation closely. We know it is difficult for some Canadians to meet their tax filing obligations.
The sharing economy connects individuals and businesses that are looking for a product or service to those that offer it.
Social media influencers use social media platforms, such as YouTube, Instagram, Twitch, Facebook, Twitter, or a blog to make posts and build up followers of their content. When posting is a source of income, the Canada Revenue Agency (CRA) considers it a business activity
The Canada Revenue Agency (CRA) is working to assist people during these difficult times, as this is a tax season like no other, so we've put together some helpful tips and information to make last-minute filing easier.
If you live or operate a business in the north, you may be able to receive benefits and credits by filing your income tax and benefit return.
The COVID-19 pandemic is affecting everyone, including self-employed individuals. The Canada Revenue Agency (CRA) understands you may have faced many challenges this past year, and we're focused on supporting you this tax season.
Each year over tax season, the CRA receives thousands of calls a week from Canadians looking for help.
Getting ready to file your income tax and benefit return?
To get ready for a tax filing season like no other, here are some helpful tips and information if you bought, sold or made renovations to a home in 2020.
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.
Doing your taxes doesn't have to be difficult. This tax season, we encourage you to go digital to make it as easy as possible, and reduce tax-filing impacts and possible delays due to COVID-19.
Did you donate to a Canadian registered charity or another qualified donee? You may be eligible for a tax credit.
The Canada Revenue Agency (CRA) understands that COVID-19 has affected the usual ways Canadians manage their taxes.
Since the beginning of January, the Canada Revenue Agency (CRA) has been issuing T4A slips to individuals who received COVID-19 emergency and recovery benefits from the CRA in 2020.
It's been a challenging year, but we're hoping we can make one thing easier – doing your taxes.
This year, the COVID-19 pandemic may have affected your tax-filing situation and may also affect the way you usually file your income tax and benefit return.
Yes! Auto-file your tax return with the Canada Revenue Agency's File my Return service! If you received an invitation from the Canada Revenue Agency (CRA) to use our automated phone service, File my Return, you may be eligible to auto-file your return through a dedicated phone line service for free.
This year, the COVID-19 pandemic may have affected the tax-filing situations of your clients. It may also affect the way you usually interact with them to file their income tax and benefit returns.
The Canada Revenue Agency (CRA) understands that this will be a tax season like no other.
The Canada Revenue Agency (CRA) understands that the COVID-19 pandemic has affected the usual ways Canadians manage their taxes. The CRA is here to answer questions you may have regarding your tax affairs, and to help you successfully file your income tax and benefit return.
The Canada Revenue Agency (CRA) understands that many students have been struggling with financial hardship during the COVID-19 pandemic.
The Canada Revenue Agency (CRA) understands that the COVID-19 pandemic may have affected the usual ways seniors manage their taxes.
The Canada Revenue Agency (CRA) would like to remind taxpayers and registrants that they have until December 31, 2020, to make a taxpayer relief request related to the 2010 tax year.
As of October 19, 2020, our online Represent a Client (RAC) service allows you to submit legal documents, such as a will or a power of attorney, to identify you as a legal representative.
No matter how you file your return, the Canada Revenue Agency (CRA) strives to ensure we process your tax return in a timely manner and get your refund to you quickly.
Did you know? November is Financial Literacy Month in Canada. Financial literacy means having the knowledge, skills and confidence to make responsible financial decisions at any stage of your life.
The maximum pensionable earnings under the Canada Pension Plan (CPP) for 2021 will be $61,600—up from $58,700 in 2020.
Across Canada, employers are working hard to navigate through these uncertain times.
The Canada Revenue Agency (CRA) is warning Canadians about getting involved in tax schemes where promoters, including some tax representatives and tax preparers, are claiming that individuals can get a tax write-off by claiming a bad-debt deduction.
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.
The Canada Revenue Agency (CRA) is gradually resuming additional activities, and it may legitimately be us calling Canadians to discuss their tax and benefit situations.
The Canada Revenue Agency (CRA) is closely monitoring the COVID-19 situation, and is committed to supporting Canadians throughout it.
The Canada Revenue Agency (CRA) is advising Canadians to steer clear of tax schemes this tax season.
The Canada Revenue Agency (CRA) is warning Canadians about getting involved in schemes where promoters, usually tax representatives or tax preparers, are claiming they can get a tax refund for taxpayers relating to the Ontario senior homeowners' property tax grant (OSHPTG).
The Canada Revenue Agency (CRA) is warning Canadians about getting involved in tax schemes involving leveraged insured annuity plans.
The Canada Revenue Agency (CRA) is warning Canadians about getting involved in tax schemes including purported offshore disability insurance plans.
Canadians who receive the Canada child benefit (CCB) and the Goods and services tax/Harmonized sales tax (GST/HST) credit need to complete their 2019 tax returns as soon as possible.
Canadians who receive the Canada Child Benefit (CCB) and the Goods and Services Tax (GST/HST) credit need to complete their 2019 tax returns as soon as possible.
This year, the Canada Revenue Agency (CRA) extended the tax-filing deadline from April 30 to June 1, 2020, to help Canadians meet their tax-filing needs during the COVID-19 crisis.
The Canada Revenue Agency (CRA) has announced 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.
At the Canada Revenue Agency (CRA), we understand the impact that the COVID-19 pandemic has had on Canadian businesses and tax preparers. To support them during this difficult time, we have extended some of the filing deadlines for corporations and trusts to September 1, 2020.
At the Canada Revenue Agency (CRA), we understand that the COVID-19 pandemic may make it difficult for some Canadians to file their returns and meet their diverse tax-filing needs.
The Canada Revenue Agency (CRA) has announced 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.
Do you have an uncashed tax cheque waiting for you? Check our new feature in My Account to find out.
As a senior, you may be eligible for benefits and credits when you file your taxes. We have tips to help you get all of them!
Did you buy or sell a property in 2019, or plan to soon? We have everything you need to help you do your taxes!
Does your organization help one or more of the following groups?
Our priority is to keep your information safe. But to be successful, we need to work as a team.
We've made some changes this tax season to help you get the most out of our services, and your benefits and credits.
Doing your taxes shouldn't be difficult. This tax season, go digital to make it as easy as possible. Here are some ways our online tools can help you.
If you received an invitation from the Canada Revenue Agency (CRA) to use our automated phone service, File my Return, you may be eligible to file your return through a dedicated phone line service for free.
If you live or own a business in the north, you may be able to receive benefits and credits by doing your taxes.
No matter how you choose to file your return, the Canada Revenue Agency (CRA) is working hard to make tax filing easier.
Did you donate to a Canadian registered charity or another qualified donee?
Did you get a suspicious email, phone call, letter, or text message from someone claiming to be us?
As announced on December 20, 2019, the Canada Revenue Agency (CRA) will hold a teleconference for stakeholders to discuss the recently published Guidance on the income tax measures to support journalism. The teleconference will be held on Tuesday, January 14th, from 11 a.m to 12 p.m (EDT).
We're introducing new digital processes to simplify and speed up the way representatives request online authorizations.
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.
The Canada Revenue Agency (CRA) would like to remind taxpayers and registrants that they have until December 31, 2019, to make a taxpayer relief request related to the 2009 tax year.
The maximum pensionable earnings under the Canada Pension Plan (CPP) for 2020 will be $58,700—up from $57,400 in 2019.
Welcome! We're happy you're here. Just remember as an international student studying in Canada, you may have to file a Canadian income tax and benefit return.
The Canada Revenue Agency (CRA) is warning Canadians about getting involved in tax schemes where promoters, including some tax representatives and tax preparers, are claiming that individuals can make withdrawals without paying taxes from their self-directed Registered Retirement Savings Plan (RRSP).
One of the Canada Revenue Agency (CRA)'s top priorities is preserving the confidentiality and privacy of taxpayer information.
Through our Outreach Program, we offer free, in-person visits to organizations across the country to help make sure that Canadians get the benefits and credits to which they are entitled.
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.
The Canada Revenue Agency (CRA) takes pride in serving Canadians and is working to improve their service experience.
The Canada Revenue Agency (CRA) is warning Canadians about getting involved in tax schemes where promoters, including some tax representatives and tax preparers, are claiming that individuals can get a significant tax write-off by investing in real estate through a limited partnership.
If you bought or sold your home this year or plan to buy or sell a home soon, the Canada Revenue Agency (CRA) has information to help you.
The Canada Revenue Agency (CRA) is always on the lookout for tax schemes and opportunities to warn Canadians about them.
File your income tax and benefit return before the deadline! Most Canadians' income tax and benefit returns for 2018 are due on April 30, 2019.
The Canada Revenue Agency (CRA) is advising Canadians to steer clear of tax schemes this tax season.
The sharing economy connects individuals or businesses that are looking for a particular product or service to those that have it. Sharing economy arrangements are generally booked using online platforms through a third party, using a website or a software application.
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 April 1, 2019 to June 30, 2019.
If you cannot pay the full amount you owe now, you may qualify for a payment arrangement or ask for taxpayer relief.
In Canada, the amount you earn in tips and gratuities is considered income, and you must declare all of it.
Did you know that if you're earning income from one or more properties, you are required to report all the money you make? The income collected from these activities is taxable.
Shawinigan, Quebec, February 1, 2019 – The Honourable Diane Lebouthillier, Minister of National Revenue, and the Honourable François-Philippe Champagne, Minister of Infrastructure and Communities, also Member of Parliament for Saint-Maurice–Champlain, accompanied by Steven MacKinnon, Parliamentary Secretary to the Minister of Public Services and Procurement and Accessibility, will be making an announcement regarding a Government of Canada real estate investment in the City of Shawinigan in the Mauricie region.
Do your employees use their personal vehicles for work-related travel? If so, you may provide them with an automobile or motor vehicle allowance to help cover expenses. It is important that you understand your responsibilities around these allowances.
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 January 1, 2019 to March 31, 2019.
The Canada Revenue Agency (CRA) would like to remind taxpayers and registrants that they have until December 31, 2018, to make a taxpayer relief request related to the 2008 tax year.
The CRA BizApp is a mobile web app for small business owners and sole proprietors. It lets you manage your business accounts securely, anytime and anywhere. CRA BizApp is available on the go, and on any mobile device with an Internet browser—no app stores needed.
The maximum pensionable earnings under the Canada Pension Plan (CPP) for 2019 will be $57,400—up from $55,900 in 2018. The new ceiling was calculated according to a CPP legislated formula that takes into account the growth in average weekly wages and salaries in Canada.
On October 16, 2018, the Canadian Union of Postal Workers issued a strike notice that could result in mail delivery being delayed or interrupted across Canada.
Scammers posing as Canada Revenue Agency (CRA) employees continue to contact Canadians, misleading them into paying false debt.
During the postal disruption at Canada Post, you can get your Canada Revenue Agency (CRA) benefit payments through direct deposit and pay your taxes online.
During the Canada Post postal disruption, you can use a number of online payments options to pay your business taxes!
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.
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.
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.
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.
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.
You'll get a letter or a telephone call or from us. We'll ask for information, receipts, or documents to support a claim or deduction you made on your income tax return.
Each summer, following the tax filing season, the Canada Revenue Agency (CRA) uses information from an individual's income tax and benefit return, along with the return of their spouse or common-law partner, to calculate benefit and credit payments for the upcoming year.
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.
Emergency Preparedness Week [May 6-12, 2018] is the ideal time to take a proactive stance.
After you file your 2017 return, there are a few more things you can do.
The Voluntary Disclosures Program (VDP) gives you a second chance to change a tax return you previously filed or to file a return that you should have filed.
There are many ways you can make a payment to the Canada Revenue Agency (CRA)
As a self-employed person, you and your spouse or common-law partner have until midnight on Friday, June 15, 2018, to file your 2017 income tax and benefit returns.
Property flipping is when individuals, including real estate agents, buy and resell homes in a short period of time for a profit.
Most Canadian income tax and benefit returns for 2017 are due on April 30, 2018. If you have a balance owing, the total amount is also due by that date.
The deadline to file your 2017 tax return is April 30, 2018. If you or your spouse or common-law partner are self-employed, you have until June 15 to file your 2017 tax return. But if you owe taxes, you still have to pay the full amount no later than April 30 to avoid interest charges.
Did you know that your marital status can affect your taxes and the amount of benefit and credit payments you are eligible to get? It is important to tell the Canada Revenue Agency (CRA) about any changes in your marital status before you do your taxes to make sure you get the right payments.
If you own foreign property, remember your reporting obligations. You must file Form T1135, Foreign Income Verification Statement, on time.
If you bought or sold your home in or plan to buy or sell a home soon, the Canada Revenue Agency (CRA) has information to help you.
The sharing economy is a way to consume and access property and services. In this economy, communities pool, loan, and share their resources through networks of trust, often using technology to connect.
An end-to-end digital filing experience from the Canada Revenue Agency (CRA) is now available. With Express NOA, you can get your notice of assessment right after you file your tax return.
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 April 1, 2018, to June 30, 2018.
Short on time this tax season? Try Auto-fill my return.This secure Canada Revenue Agency (CRA) service automatically fills in parts of your income tax and benefit return with information the CRA already has on file, making online filing even easier.
Do you have a balance owing? Can't pay in full? Work with the Canada Revenue Agency to resolve your tax debt now!
If you recently sold a principal residence, you have to report the sale on your income tax and benefit return. This requirement ensures that only those entitled to the principal residence exemption can claim it.
Getting ready to do your 2017 taxes? It's important to do your taxes on time to avoid interest and penalty charges and possible delays or interruptions in your benefit payments.
Every year around tax time, Canadians call the Canada Revenue Agency (CRA) to ask a variety of questions.
The Canada Revenue Agency (CRA) has a few tips that could save you time and money. At tax time, try to remember these eight things.
Tax time is coming, and it's important that you do your taxes to keep getting the benefits and credits you're eligible for. If you have a modest income and a simple tax situation, volunteers from the Community Volunteer Income Tax Program (CVITP) can do your taxes for you, for free!
Did you know that the Canada Revenue Agency's My Account and Employment and Social Development Canada's (ESDC) My Service Canada Account are now linked? With one user ID and password, you can securely access your information from both accounts without having to revalidate your identity!
Doing your taxes shouldn't be expensive. Here are some tips to save you time and money this tax-filing season.
If you're a newcomer to Canada, you have to do your taxes if you want to receive certain benefits and credits, if you want to get a refund, or if you think you may owe taxes.
If you received a letter from the Canada Revenue Agency (CRA) inviting you to use File my Return, you may be eligible to use our new free service to file your income tax and benefit return over the phone.
The Canada Revenue Agency (CRA) wants to help you at tax time. There are tax credits and deductions you can claim on your return, and benefit and credit payments you could get when you do your taxes.
The Canada Revenue Agency (CRA) is taking steps to help northern residents get the benefits and credits they're eligible for. Here is some information to help you get started this tax season.
The Canada Revenue Agency (CRA) wants to make sure that you are receiving the benefits and credits you are eligible for.
Dealing with the death of a loved one is difficult. With this in mind, the Canada Revenue Agency (CRA) wants to help make filing their final tax return easier.
New parents, don't forget to take advantage of the many benefits and credits available that can be a big boost to your family budget.
Starting in January 2018, those who filed tax and benefit returns on paper last year will automatically receive the 2017 Income Tax and Benefit Guide and forms book in the mail from the Canada Revenue Agency (CRA).
Important information you need to know about changes for the 2018 tax-filing season.
You can reduce the amount of federal tax you pay by claiming a non-refundable tax credit on a wide variety of medical expenses.
Did you get a suspicious email, telephone call, letter or text message claiming to be from the Canada Revenue Agency (CRA)? If you're being asked for personal information such as your credit card number, bank account number or passport number, this is a scam.
Did you donate to a registered Canadian charity or other qualified donee that gives official donation receipts? You may be eligible for a charitable donation tax credit that reduces your taxes owing.
This tax-filing season, many important changes and improvements were made to services, benefits, and credits for Canadians. Here's what you need to know:
Employers have many obligations. At the Canada Revenue Agency, we know how much time and effort it takes to stay on top of it all. That's why we continually work to improve our services to make it easier for businesses to meet their reporting obligations.
Sometimes you might disagree with your tax assessment from the Canada Revenue Agency (CRA). It may be because you think it's wrong, you noticed information is missing, or you were assessed by the CRA because you didn't respond to a notice to complete a tax return.
November is Financial Literacy Month in Canada. Financial literacy means having the knowledge, skills and confidence to make responsible financial decisions at any stage of your life. The Canada Revenue Agency (CRA) recognizes the importance of giving Canadians the information and skills they need to make informed financial decisions, and is proud to support Financial Literacy Month.
Starting in January 2018, trust administrators and their representatives will be able to file a simple T3 Trust Income Tax and Information Return (T3RET) online using the Canada Revenue Agency's (CRA) secure Internet file transfer service.
The maximum pensionable earnings under the Canada Pension Plan (CPP) for 2018 will be $55,900—up from $55,300 in 2017. The new ceiling was calculated according to a CPP legislated formula that takes into account the growth in average weekly wages and salaries in Canada.
If the Canada Revenue Agency (CRA) tells you it's reviewing one or more of your tax returns, don't panic! In most cases, it's simply a routine check.
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 July 1, 2017, to September 30, 2017.
The Canada Revenue Agency (CRA) confirmed Monday that it will not seek leave to appeal to the Supreme Court of Canada the decision of the Federal Court of Appeal that granted BP Canada Energy Company's (BP Canada) appeal of an order to release certain records to the CRA.
If you are self-employed or the spouse or common-law partner of someone who is, the deadline to file your 2016 income tax and benefit return is midnight on June 15, 2017.
Do you use form RC59, Business Consent, to get online access to your business clients' information in Represent a Client? If you do, here are three important things you should know.
As a self-employed person, you and your spouse or common-law partner have until midnight on Thursday, June 15, 2017, to file your 2016 income tax and benefit returns.
After you file your 2016 return, there are a few more things you can do.
Most Canadian income tax and benefit returns for 2016 are due on April 30, 2017. However, since this date is a Sunday, the Canada Revenue Agency (CRA) will consider your return to be filed on time and your payment to be made on time if received or postmarked by May 1, 2017.
The Canada Revenue Agency (CRA) can help you to complete and file your income tax and benefit return, every step of the way.
The deadline to file your income tax and benefit return is fast approaching. Most Canadian income tax and benefit returns are due on April 30.
The Canada Revenue Agency (CRA) is introducing ReFile, a new service for tax preparers. ReFile allows EFILE service providers to make adjustments to their clients' T1 returns using EFILE certified software instead of submitting a paper form.
Every year around tax time, Canadians call the Canada Revenue Agency (CRA) with a variety of questions. You can find a number of answers online if you are registered for the CRA's online services.
Do you have a balance owing? Can't pay in full? Work with the Canada Revenue Agency to resolve your tax debt now!
What are the northern residents deductions? There are two northern resident deductions.
The Canada Revenue Agency (CRA) today announced the prescribed annual interest rates that will apply to any amounts owed to the CRA and to any amounts the CRA owes to individuals and corporations.
What is the sharing economy? The sharing economy is a technologically fuelled way to consume and access property and services.
The Government of Canada values the contribution teachers make providing young Canadians with the education and skills they need to join a strong middle class.
Did you know? Paying for a job "under-the-table" without a written contract puts you at risk.
You can reduce the amount of federal tax you pay by claiming a non-refundable tax credit on a wide variety of medical expenses, including hospital services, nursing home fees, and medical supplies.
Did you know that you can use one user ID and password to log into the Canada Revenue Agency's (CRA) My Account and your My Service Canada Account?
Have you received a suspicious email, telephone call, letter, or text message claiming to be from the Canada Revenue Agency (CRA)? If the organization or individual is asking for personal information such as your social insurance number, credit card number, bank account number, or passport number, this is a scam.
If you donated to a registered Canadian charity or other qualified donee that provides official donation receipts, you may qualify for a charitable donation tax credit when you file your income tax and benefit return.
Every year, the Canada Revenue Agency (CRA) sends out more than 130 million pieces of correspondence to Canadians. If you received a notice or letter in 2016, you may have noticed that it has a new look. That's because the CRA has been improving the way it communicates with Canadians by making its correspondence easier to read and understand.
Short on time this tax season? Try Auto-fill my return. This secure Canada Revenue Agency service automatically fills in parts of your tax return, making filing online even easier!
Doing your taxes shouldn't be expensive. Below are some tips to reduce your costs and make it easier to do your taxes this filing season.
Filing your income tax and benefit return on time helps prevent delays in receiving your benefits and credit payments.
The Voluntary Disclosures Program (VDP) gives you a chance to change a tax return you previously filed or file a return that you should have filed.
Tax time is coming, and you may be eligible for help with your taxes through the Community Volunteer Income Tax Program (CVITP)!
Raising a family can be expensive, but there are many benefits, credits, and deductions that can help your family with costs during the year.
Tips from the Canada Revenue Agency (CRA) could save you time and money!
If you bought your home in 2016 or plan to buy a home, the Canada Revenue Agency (CRA) has information that may help you.
The Canada Revenue Agency (CRA) is helping you keep more money in your pocket with tax credits, deductions, and benefits for you when you do your taxes.
The Canada Revenue Agency (CRA) knows that dealing with the death of a loved one is difficult. With this in mind, here are a few things to consider when handling someone's taxes after they have passed away.
Congratulations! If you have a new baby or a baby on the way, there are many benefits and credits you may be eligible to receive, and tax changes to consider.
The Canada Revenue Agency (CRA) wants seniors to get the tax credits, deductions, and benefits they are eligible for.
Did you recently get married or enter into a common-law partnership? Did you separate or divorce? Were you recently widowed? It is important to inform the CRA about changes in your marital status to make sure you receive the right amount in benefit and credit payments.
Do you use form RC59, Business Consent, to get online access to your business clients' information in Represent a Client? If you do, here are three important things you should know
This tax-filing season, many important changes and improvements were made to services, benefits, and credits for Canadians.
What is the small business deduction? Eligible businesses can claim the 17.5% small business deduction on their first $500,000 of income, with some limitations. You can use the resulting tax savings to help your business grow.
Learn about the important changes for tax professionals and tax preparers for the 2017 tax-filing season.
Did you know? November is Financial Literacy Month in Canada. Financial literacy is defined as having the knowledge, skills and confidence to make responsible financial decisions at any stage of your life. The Canada Revenue Agency (CRA) recognizes the importance of providing Canadians with the information and skills they need to make informed financial decisions and is proud to support Financial Literacy Month with these tips.
Did you know? The Canada Revenue Agency (CRA) is redesigning the correspondence it sends to Canadians, including the Corporation, and Goods and services tax/ harmonized sales tax (GST/HST) notices of assessment (NOA) and notices of reassessment (NOR).
For 45 years, the Canada Revenue Agency (CRA) has supported community organizations across the country that run free tax preparation clinics. Through the Community Volunteer Income Tax Program (CVITP), community volunteers provide assistance to Canadians who need help filing their income tax and benefit returns.
The Canada Revenue Agency (CRA) invites Canadians to join us for a Virtual Lunch and Learn tweet chat on Twitter hosted by Cynthia Leblanc, Deputy Assistant Commissioner of Assessment, Benefit and Service Branch (ABSB) of the CRA.
The Canada Revenue Agency (CRA) is committed to client service by improving and expanding online services for individuals and benefit recipients.
Students: make sure you claim the tax credits, deductions, and benefits you are eligible for when you file your income tax and benefit return.
You may be one of the many Canadians who enjoy relaxing over a meal at a restaurant with friends. But while you're out having fun, you could be unintentionally supporting tax cheats.
The Government of Canada values the contribution teachers make providing young Canadians with the education and skills they need to join a strong middle class.
The government is committed to ensuring tax fairness for the middle class, and recognizes the importance of small business in creating jobs and supporting the economy.
When applying for a student loan, grant or subsidy, you may be asked to provide a proof of income statement (option ‘C' print) to your financial institution or to a municipal, provincial, territorial or federal government department.
If you pay your income tax in instalments, your next payment is due on September 15, 2016.
Effective July 1, 2016, the Government of Canada has replaced several federal child benefits with a single one – the Canada child benefit (CCB).
Did you know? In the event of a postal disruption at Canada Post, you can get your Canada Revenue Agency (CRA) benefit payments through direct deposit and pay your taxes online.
Did you know? The Canada Revenue Agency (CRA) is redesigning its client correspondence, including the goods and services tax/harmonized sales tax credit (GST/HSTC) notice for individuals, following an extensive evaluation completed in the fall of 2014.
Do you receive benefits like the Canada child benefit or the GST/HST credit? If you register for Online mail, you'll receive an e-mail when correspondence like your benefit notice is available online in My Account.
Did You know? In the event of a Canada Post postal disruption, you can use online payments to pay your business taxes! It's faster, easier, and cheaper than mailing a cheque to the Canada Revenue Agency (CRA), especially if you're making more than one payment a year.
Did You know? Starting May 16 2016, corporations that own specified foreign property over $100,000 can Efile Form T1135, Foreign Income Verification Statement, electronically for the 2014 and later tax years?
Now, when you file a return using GST/HST NETFILE or certified T2 EFILE software, you can sign up for Online mail. It's the fast, easy, and secure way to manage your correspondence!
If you are self-employed or the spouse or common-law partner of someone who is, the Canada Revenue Agency (CRA) reminds you that the deadline to file your 2015 income tax and benefit return is midnight on Wednesday, June 15, 2016.
Do you need a business to authorize you quickly so you can file a tax return, submit a document or resolve an outstanding issue? The CRA has two fast alternatives to the RC59 Business Consent form.
If you answered yes, you have an authorized business representative, and there are three important things you should know
You have now filed your 2015 income tax and benefit return. Now you want to keep track of it all. Have you received your notice of assessment? Have you been issued a refund? Is your refund being sent via direct deposit or by mail? What is your new registered retirement savings plan deduction limit?
Budget 2016 gives Canadian families more money to help with the high cost of raising their children, by replacing the current child benefit system with the new Canada Child Benefit. The introduction of the Canada Child Benefit represents the most significant social policy innovation in a generation.
Does your business owe taxes to the Canada Revenue Agency (CRA)? Ignoring your tax debt isn't the best strategy.
Did you know? The Canada Revenue Agency (CRA) is redesigning its external correspondence, including the PD7A, Statement of Account for Current Source Deductions for businesses, following an extensive evaluation completed in the fall of 2014.
The deadline to file your income tax and benefit return is fast approaching. Most Canadian income tax and benefit returns for 2015 are due on April 30, 2016. However, as this date is a Saturday, the Canada Revenue Agency (CRA) will consider your return as filed on time and your payment to be made on time if the CRA receives your submission or it is postmarked by midnight on May 2, 2016.
Did you know? Most Canadian income tax and benefit returns for 2015 are due on April 30, 2016. However, as this date is a Saturday, the Canada Revenue Agency (CRA) will consider your return as filed on time and your payment to be made on time if the CRA receives your submission or it is postmarked by midnight on May 2, 2016.
The Canada Revenue Agency (CRA) encourages you to use its quick, easy, and secure electronic services to file your income tax and benefit return on time and pay any amount owing.
As a self-employed individual, you and your spouse or common-law partner have until midnight on Wednesday, June 15, 2016, to file your 2015 income tax and benefit returns.
Have you just settled in Canada? Not sure how to apply for benefits and credits? Wondering if you have to fill out and send to the Canada Revenue Agency (CRA) a form—called an income tax and benefit return—every year? The CRA has prepared a short video that answers these questions.
Did you know? If you donated to a registered Canadian charity or other qualified recipient that provides official donation receipts, you may qualify for a charitable donation tax credit.
There are many reasons Canadians may be missing a cheque, or have not cashed their cheque from the Canada Revenue Agency (CRA). For example, people might have moved and not updated their address, the recipient might have died or believed the payment was issued to them in error, or the cheque might have been lost, stolen.
Most Canadian income tax and benefit returns for 2015 are due on April 30, 2016. However, as this date is a Saturday, the Canada Revenue Agency (CRA) will consider your return as filed on time and your payment to be made on time if the CRA receives your submission or it is postmarked by midnight on May 2, 2016.
Start getting your mail from the Canada Revenue Agency (CRA) online. It's the fast, easy, and secure way to manage your correspondence! When you register for online mail, you'll receive some correspondence such as your notice of assessment and benefit notices online, and we'll stop sending you paper copies in the mail.
The Canada Revenue Agency (CRA) invites Canadians to join us and Frank Vermaeten, Assistant Commissioner of Assessment, Benefit and Service Branch (ABSB) of the CRA, for a Virtual Lunch and Learn tweet chat on Twitter.
Did you know? The Canada Revenue Agency (CRA) offers taxpayers a second chance to correct earlier mistakes and put their tax affairs in order through the Voluntary Disclosures Program (VDP).
Did you know? If you paid for hospital services, paid to live in a nursing home, or bought medical supplies such as pacemakers, vaccines, or walking aids, you may be able to claim a non-refundable tax credit based on these and other eligible expenses when filing your income tax and benefit return.
If you are a newcomer to Canada for all or part of a tax year, you may need to file an income tax and benefit return if you have to pay tax, want to claim a refund, or receive benefits.
Taxpayers should be vigilant when they are contacted by an organization, either by telephone, mail, text message or email, that claims to be from the Canada Revenue Agency (CRA) requesting personal information such as a social insurance number, credit card number, bank account number, or passport number.
Did you know? Whether to get a loan, to qualify for a benefit or subsidy, or many other reasons, Canadians are often asked to provide a proof of income statement (option ‘C' print) to their financial institution, or to a provincial, territorial, municipal or federal government department.
Did you know? If you file online using certain NETFILE software products that have been certified by the Canada Revenue Agency (CRA) and you are fully registered for My Account, you can use the new Auto-fill my return service to automatically fill in parts of your income tax and benefit return, making the online filing process even simpler.
The Canada Revenue Agency (CRA) has put together a list of some things to avoid this tax-filing season. Follow these tips; they could save you time and money!
Did you know? Even if you have little or no income, you should still file your income tax and benefit return—you may be eligible for credits and benefits.
Did you know? Filing your income tax and benefit return and paying what you owe on time helps prevent delays in receiving your benefits, and helps you avoid possible interest and penalty charges.
Every year around tax time, Canadians call the Canada Revenue Agency (CRA) with a variety of questions.
It's tax season! If you have a simple tax situation and modest income, you may be eligible to get help to file your income tax and benefit return through the Community Volunteer Income Tax Program (CVITP).
Did you know? The Canada Revenue Agency (CRA) has tax credits, deductions, and benefits to help students. Make sure you claim those you are eligible for when you file your income tax and benefit return.
Did you know? The Canada Revenue Agency (CRA) is redesigning its external correspondence, including the Notice of Assessment (NOA) for individuals, following an extensive evaluation completed in the fall of 2014.
The Canada Revenue Agency (CRA) recognizes that coping with the death of a loved one is difficult.
Did you know? The Canada Revenue Agency (CRA) is here to help you during tax season.
Did you know? Starting in January 2016, you will be able to file 10 more trust forms electronically using the Canada Revenue Agency's secure Internet File Transfer service.
Learn about changes for tax professionals and tax preparers for the 2016 tax-filing season.
It is possible that the Canada Revenue Agency (CRA) will contact you by phone for legitimate tax reasons.
Congratulations! If you have a new baby or have a baby on the way, there are plenty of credits and benefits you may be eligible to receive.
Did you know? The Canada Revenue Agency (CRA) has a new program that offers rewards to individuals who provide precise details about Canadians hiding money or assets offshore and not paying the taxes they owe.
Did you know? If you bought your home in 2015, the Canada Revenue Agency (CRA) has tax credits and a program that may help you save money.
Did you know? If your marital status changes, it's important to let the Canada Revenue Agency (CRA) know as soon as possible.
Did you know? There are several credits and benefits designed for seniors.
Did you know? There are changes and enhancements to existing services, credits, and amounts for individual taxpayers for the 2016 tax-filing season!
Taxpayers who own specified foreign property costing more than $100,000 but less than $250,000 throughout the year can now file Form T1135, Foreign Income Verification Statement using a new simplified reporting method.
If you have a question about your income tax or the benefits you are currently receiving, you can log into My Account, My Business Account, or Represent a Client to get the information you need.
If you are hearing or speech impaired and thinking about using an operator-assisted relay service, you should know that authorizing a relay service company is not the same as authorizing a representative for tax purposes.
November is Financial Literacy Month in Canada. Financial literacy is defined as having the knowledge, skills and confidence to make responsible financial decisions at any stage of your life. The Canada Revenue Agency (CRA) is proud to celebrate Financial Literacy Month and offers the following facts and helpful planning tips.
Since 1971, through the Community Volunteer Income Tax Program (CVITP), the Canada Revenue Agency (CRA) has supported community organizations that provide volunteer assistance to eligible individuals who need help to prepare their income tax and benefit returns.
The Canada Revenue Agency (CRA) has two free educator-led products for teachers to teach students about the importance of taxes and the impact taxes have on the economic and social well-being of Canadians.
The Canada Revenue Agency's (CRA) Self-Assessment and Learning Tool (SALT) is designed to help you understand the eligibility requirements of the Scientific Research and Experimental Development (SR&ED) Program.
Every year, the Canada Revenue Agency (CRA) supports community organizations across the country as they run free tax preparation clinics.
Did you know? There are many resources available to help you make a complete, accurate and successful scientific research and experimental development (SR&ED) claim.
