Ottawa has confirmed that the CCR for Small Business will be tax free for the 2019-20 to 2023-24 fuel charge years, as will the final payment for the 2024-2025 fuel charge year. Legislation will be introduced this fall.
Debt is the number-one financial issue in Canada today, and things are about to get more urgent for mortgage holders and business owners who have significant debt.
Dong Wook (Andrew) Choi, DFA-Tax Services Specialist and MFA-Business Services Specialist knows why improving your professional education is so important this summer:
Do you believe Canada’s tax system based on self-assessment has suffered under recent changes at CRA and by Finance Canada? If so, what is the one wish you have for tax reform?