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.

Budget Updates 2018: Don’t Miss the Spring CE Summit Agenda

Knowledge Bureau has unveiled the comprehensive agenda for the Spring 2018 CE Summit workshops. There are three key reasons to make the time for fast-paced, interactive national event.

New Essential Tax Facts: Includes February 27, 2018 Budget Proposals

Knowledge Bureau’s Evelyn Jacks’ new book  Essential Tax Facts How to Make the Right Tax Moves and Be Audit-Proof, Too has incorporated the latest Federal Budget to help professional advisors and their clients in their relationship with CRA.  Featuring Audit-Buster Checklist and, this book can help you position yourself for greater success, post-tax filing season.

2018 Federal Budget Overview: Budget 2018 Prioritizes Economic Equality, Opportunity & Diversity

The theme of the 2018 Federal Budget announced February 27 is focused on Equality and Growth, and carries forward the 2017 theme of “a Strong Middle Class”. There are five key areas this budget addresses:

2018 Budget Overview: Specific Personal Tax Provisions

Review specific personal tax provisions announced by the Government in the 2018 Federal Budget.

2018 Budget Overview: Specific Tax Provisions for Business

New 2018 Federal Budget includes business tax provisions addressing tax changes for business income.

2018 Budget Overview: Additional Tax Provisions

Review additional tax provisions announced by the Government in the 2018 Federal Budget.
 
 
 
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
    23 votes
    100%
  • No
    0 votes
    0%