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.

Sorting the Mail from CRA

With the introduction of online mail for both preparers and clients, sorting out who will get what when can be quite confusing.

Pay Yourself First

Although submission of a TD1 form is not required each year, it’s always a good idea to ensure that your employer is not withholding more taxes than absolutely necessary – after all, it’s your money.

2015 Pre Budget Online Consultation for the Federal Government’s Economic Action Plan

Federal Finance Minister Joe Oliver is seeking input on a number of key issues for the 2015 Economic Action Plan.

Two Designates Receive Thumbs Up Fom Knowledge Bureau

Knowledge Bureau gives a thumbs up to two folks who participated in the Toronto Distinguished Advisor Workshop. 

Tax Tip For 2015

File an audit-proof return on time 

DAC 2015 is Heading to Puerto Vallarta, Mexico

The Westin Resort and Spa has been announced as the venue for Distinguished Advisors Conference (DAC) 2015!
 
 
 
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
    26 votes
    100%
  • No
    0 votes
    0%