News Room

Confirmed:  The CCR for Small Business is Tax Free

Ottawa has confirmed that the CCR for Small Business received by eligible Canadian-controlled private corporations (CCPCs) 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.  Draft legislation was released on June 30, 2025 with this announcement; and will be introduced for law making in Parliament this Fall.   Some of the more significant details are discussed below.

Mark Your Calendar - Personal Tax Bootcamp

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Knowledge Bureau Designate Highlight: Sharon Timson

Join Knowledge Bureau in congratulating Sharon Timson in achieving her DFA – Tax Services Specialist™ Designation.

No More Paper Refund Cheques?

With a target date of April 2016, CRA is moving closer to the elimination of cheques and manual payments and towards full electronic banking for businesses.

EverGreen Explanatory Notes have been updated!

Have you noticed EverGreen Explanatory Notes have been updated?

Mark Your Calendar: Personal Tax Bootcamp - RSVP by Dec. 15

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Knowledge Bureau Poll Question

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?

  • Yes
    23 votes
    100%
  • No
    0 votes
    0%