The Canada Revenue Agency (CRA) 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 January 1, 2016 to March 31, 2016. More information is available online. The proposed increase to the provincial portion of … Read more
The Canada Revenue Agency will revoke the registration of Le Refuge des Rescapés, a charity based in Saint-Nicéphore, Que., effective Dec. 5, 2015. The notice of revocation has been published in the Canada Gazette. On Oct. 23, the CRA issued a notice of intention to revoke the registration of Le Refuge des Rescapés as a … Read more
The Canada Revenue Agency announced that on Dec. 1, 2015 Ekue Kueviakoe (also known as Thierry Kueviakoe), of Oakville, Ont., was sentenced in the Ontario Court of Justice in Burlington, Ontario to a 12-month conditional sentence, including eight months house arrest, and a fine of $70,365. On January 21, 2015, Kueviakoe pleaded guilty to 82 … Read more
The Canada Revenue Agency announced that the maximum pensionable earnings under the Canada Pension Plan (CPP) for 2016 will be $54,900-up from $53,600 in 2015. The new ceiling was calculated according to a CPP legislated formula that takes into account the growth in average weekly wages and salaries in Canada. Contributors who earn more than $54,900 … Read more
The Canada Revenue Agency 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 October 1, 2015 to December 31, 2015. There have been no changes to the prescribed interest rates since last … Read more
The Canada Revenue Agency (CRA) is noting an increase in telephone scams where the caller claims to be from the CRA but is not, and is asking Canadians to beware-these calls are fraudulent and could result in identity and financial theft. More information is available online.
National Revenue Minister Kerry-Lynne D. Findlay (Delta-Richmond, B.C.) reminded individuals and businesses in the areas affected by wildfires in B.C., the Prairie provinces and Ontario that taxpayer relief is available to them if they cannot meet their tax obligations. The Canada Revenue Agency (CRA) understands that natural disasters can cause difficulties for taxpayers, whose primary concern … Read more
The Canada Revenue Agency (CRA) will revoke the registration of the Canadian Friends of Pearl Children, a charity based in Ottawa, Ontario, effective July 18, 2015. The notice of revocation has been published in the Canada Gazette. The full release is available online.
National Revenue Minister Kerry-Lynne D. Findlay (Delta-Richmond, B.C.) met with parents and representatives from community associations to promote the enhanced Universal Child Care Benefit and encourage local families to apply for the benefit if they have not already done so. Families will receive up to $1,920 per year for each child under 6 and up to $720 … Read more
National Revenue Minister Kerry-Lynne D. Findlay (Delta-Richmond, B.C.) announced the appointment of Mark S. Dwor from British Columbia as a new member to the Canada Revenue Agency (CRA) Board of Management. Dwor will serve for a three-year term. The full release is available online. Call 613-995-2960.
