The July 15 deadline approaches to be eligible for the Canada Carbon Rebate for Small Businesses. This refundable tax credit announced in Budget 2024 returns a portion of federal fuel charge proceeds directly to an estimated 600,000 small and medium businesses.

On September 24 and 25, 2022, Hurricane Fiona swept through Atlantic Canada and part of Quebec, causing heavy rain and high winds. Impacts included flooding, road washouts, downed trees, utility outages, and damage to coastal infrastructure.

This widespread damage is having a devastating impact on many businesses and Canadians residing in these areas. The Canada Revenue Agency (CRA) understands that at this time, the safety and well-being of loved ones is the primary concern for those affected.

The CRA is committed to a proactive approach to providing relief to the communities and taxpayers impacted by this event whenever possible.

The Canada Revenue Agency (CRA) is focused on making it simpler for you to find the information you need to file your taxes on time and to manage your tax affairs. Filing tax returns on paper always takes more time than filing electronically so why not join the over 90% of corporations that already file their returns electronically?

By filing electronically, corporations receive immediate confirmation that the CRA has received their return, enjoy faster processing and refunds, save on mailing costs, and help the environment by using less paper.

You’ve got questions and we’ve got answers! Here are answers to five of the top business tax information questions.

• How do I register for My Business Account?

• How do I authorize a representative for my business?

• How do I access CRA’s online services for businesses?

• How do I make payments to the CRA?

• How do I file GST/HST using GST/HST NETFILE?