The Canada Revenue Agency would like to remind you about the temporary tax relief measures that are in place to support businesses in response to recent tariffs. These measures are in effect until June 30, 2025.• Deferral of payments: GST/HST remittances and corporate income tax payments can be deferred during this period.
• Interest waivers: Interest on GST/HST and T2 instalments and arrears payments due between April 2 and June 30, 2025, will be waived.
• Interest relief: Existing GST/HST and T2 balances will receive interest relief within the same timeframe
These relief measures are applied automatically, which means that no additional documentation is required. However, it is essential that you continue to file all GST/HST and T2 returns by their due dates to remain compliant.
For more detailed information, please visit Tax relief and support for businesses in response to tariffs
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