CRA – Prescribed interest update for Quarter 4 2020

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, 2020 to December 31, 2020. Due to COVID-19, certain payment [ … ]

October 2020 – Tax Update

Canada Emergency Wage Subsidy – post payment reviews have commenced! Check out the link below for what this looks like. Tax Update – October 2020 [ … ]

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