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GTA'S PREMIER BOUTIQUE FOR CORPORATE ACCOUNTING
Update: Canada Carbon Rebate for Small Businesses – Now Deemed Tax-Free (Pending Royal Assent)
The federal government has announced that the Canada Carbon Rebate (CCR) for Small Businesses will be non-taxable for eligible Canadian-controlled private corporations (CCPCs) for the 2019–2020 to 2023–2024 fuel charge years, as will the final payment for the 2024-2025 fuel charge year.
Find out what this means for your corporate tax return and how we can help.
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