Interest rates for the fourth calendar quarter

The Canada Revenue Agency (CRA) announced today the prescribed annual interest rates that will apply to any amounts owed to the CRA and to any amounts owed by the CRA to individuals and corporations. These rates will be in effect from October 1, 2019 to December 31, 2019. Income tax The interest rate charged on overdue…

Interest rates for the third calendar quarter

The Canada Revenue Agency (CRA) announced today the prescribed annual interest rates that will apply to any amounts owed to the CRA and to any amounts owed by the CRA to individuals and corporations. These rates will be in effect from July 1, 2019 to September 30, 2019. Income tax The interest rate charged on overdue…

Interest rates for the second calendar quarter

The Canada Revenue Agency (CRA) announced today the prescribed annual interest rates that will apply to any amounts owed to the CRA and to any amounts owed by the CRA to individuals and corporations. These rates will be in effect from April 1, 2019 to June 30, 2019. Income tax The interest rate charged on overdue…

Payments to CRA using your bank card

In addition to paying your taxes electronically by logging in to your online banking, you may be able to pay CRA by using your bank card, if you have ‘Interac Online’, ‘Visa Debit’, or ‘Mastercard Debit’ on your bank card.   If you do not have such a bank card, you can also pay CRA using…

Interest rates for the first calendar quarter

The Canada Revenue Agency (CRA) announced today the prescribed annual interest rates that will apply to any amounts owed to the CRA and to any amounts owed by the CRA to individuals and corporations. These rates will be in effect from January 1, 2019 to March 31, 2019. Income tax The interest rate charged on…

Interest rates for the fourth calendar quarter The Canada Revenue Agency (CRA) announced today the prescribed annual interest rates that will apply to any amounts owed to the CRA and to any amounts owed by the CRA to individuals and corporations. These rates will be in effect from October 1, 2018 to December 31, 2018. Income…

Interest rates for the first calendar quarter

The Canada Revenue Agency (CRA) announced today the prescribed annual interest rates that will apply to any amounts owed to the CRA and to any amounts owed by the CRA to individuals and corporations. These rates will be in effect from January 1, 2018, to March 31, 2018. There have been no changes to the prescribed interest rates…

Interest rates for the fourth calendar quarter

Interest rates for the fourth calendar quarter The Canada Revenue Agency (CRA) announced today the prescribed annual interest rates that will apply to any amounts owed to the CRA and to any amounts owed by the CRA to individuals and corporations. These rates will be in effect from October 1, 2017, to December 31, 2017. There…

Interest rates for the second calendar quarter

The Canada Revenue Agency (CRA) today announced the prescribed annual interest rates that will apply to any amounts owed to the CRA and to any amounts the CRA owes to individuals and corporations. These rates will be in effect from April 1, 2017, to June 30, 2017. There have been no changes to the prescribed…

2017 Federal Budget Special Report

Breaking News Federal Budget Special Report Brought to you by Knowledge Bureau. Opinion Poll Do you support the cancellation of education and textbook credits in 2017, leaving only tuition fee credits for students and supporting individuals? Knowledge Bureau Reporters: Evelyn Jacks, President, MFA™, DFA – Tax Services Specialist™ Walter Harder, DFA – Tax Services Specialist™…