News

On December 12, 2024, Bill C-78, the Tax Break for All Canadians Act received Royal Assent. Beginning December 14, 2024, the Canada Revenue Agency (CRA) will begin administering this temporary Goods and Services Tax/Harmonized Sales Tax (GST/HST) break on certain...

The Canada Revenue Agency (CRA) has updated its website to include new information on how the proposed goods and services (GST) and harmonized sales tax (HST) break would apply for restaurants and for businesses in a supply chain. There are unique considerations for...

On November 27, 2024, the Government of Canada introduced legislation for the proposed measure to provide a GST/HST break on certain items beginning December 14, 2024, and ending February 15, 2025. Information sessions The CRA is hosting information sessions on the...

The Government of Canada has?announced a proposed measure?to?provide GST/HST relief on certain items?beginning December 14, 2024, and ending February 15, 2025. On this page Which types of items would have GST/HST relief How to get this tax break as a shopper What to...

The Canada Revenue Agency would like to share updates on the distribution timeline for the Canada Carbon Rebate for Small Businesses. Before contacting us, we recommend visiting our website to view eligibility requirements. When you will get the rebate You do not need...

What's new? 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). In 2024, the YAMPE is approximately 7% above the...

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...

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. This initiative aims to return a portion of the...

From: Canada Revenue Agency GST/HST Notices - Notice 338 September 2024 This publication explains the requirements to request a GST/HST ruling on grocery products. Except as otherwise noted, all statutory references in this publication are to the provisions of...

At the Canada Revenue Agency (CRA), we understand how important it is to put people first and provide high quality services that meet the needs of all taxpayers and benefit recipients. As the world changes with new technologies and evolving trends, we know there's...