May
15

CRA announces expansion of Liaison Officer Services

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The Minister of National Revenue has recently announced the expansion of the CRA’s Liaison Officer Service for small businesses. Launched in 2014, the Liaison Officer Service is an education-based approach to help small businesses meet their tax obligations by providing them with free in-person support and guidance. It has helped more than 35,500 small businesses since it started, helping small businesses understand their tax obligations through support and education. The expansion will allow small corporations to book free in-person visits and group seminars with one of over 130 liaison officers nationwide. Previously, only unincorporated businesses and self-employed individuals could ask for...
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May
13

2019 Spring Report of the Auditor General on Taxation of E-Commerce

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E-commerce everywhere is expanding rapidly. More and more people are purchasing goods and services online. It is for this reason that the focus of one of the Auditor General’s reports is Taxation of E-commerce. The report aims to find out if the government agencies involved such as the CRA, Canada Border Services Agency and the Department of Finance Canada, are able to fulfill their roles and responsibilities to ensure that the sales tax system remain neutral and that the GST/HST tax base is protected. These government agencies must ensure that everyone who must remit sales taxes does so and that the...
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May
01

Paying your 2018 taxes owing

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Here are some reminders if you need to pay your 2018 taxes owing: - Generally, if you owe $2 or less in taxes for 2018, you do not have to make a payment. - If you owe tax for 2018 and you file after the April 30th deadline, the CRA will charge a late-filing penalty. The penalty is 5% of your 2018 balance owing, plus 1% of your balance owing for each full month your return is late, to a maximum of 12 months. - You can pay your outstanding balance before you file your return. You will need to specify...
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Apr
29

CRA launches public consultation

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CRA just launched public consultations for individuals in an effort to provide a platform for Canadians to provide their feedback regarding CRA’s services and their interactions with the agency. Public consultations will include an online consultation starting April 23 until June 18, 2019. To participate in the online consultations, you can click on this link for more information: CRA online consultation. The CRA will conduct 1 in-person consultations in Vancouver, Winnipeg, Mississauga, Montreal, Moncton and Halifax in May and June 2019. 20 individuals and representatives of vulnerable populations will be invited by an independent third party to participate in these consultation...
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