Under Canada’s Business Accounts program, business owner will be capable of paying online taxes for the first time through the platform from October. From October 2014, it will also be feasible for taxpayers to find a way in detailed payment history for all their accounts. The CRA has initiated services for allowing corporations to file amended Income Tax Returns (T2) by using commercial tax preparation software, and allow taxpayer representatives to submit an authorization request in favor of the businesses they stand for. Proposals for revising remittance thresholds for employer source deductions, wished for reducing the maximum number of payments that businesses are included in the Budget 2014 and it is needed to prepare and submit to the CRA.
Related Posts

Canada: PBO projects CAD 4.5 billion revenue from proposed high-income tax brackets
Canada’s Parliamentary Budget Office (PBO) released its fiscal analysis of Motion M-24 on 24 September 2026,
Read More
US: Trump Administration shows no urgency on Canada trade deal as tariffs escalate
The Trump administration remains comfortable maintaining its trade standoff with Canada despite mounting economic
Read More
Canada extends federal fuel tax relief through March 2027
Canada’s Department of Finance has introduced Bill C-38, the Canadian Fuel Affordability Act, on 22 September 2026,
Read More
Canada: Supreme Court rejects Husky Energy bid to challenge dividend tax ruling
The Supreme Court of Canada has dismissed Husky Energy Inc.'s application for leave to appeal on 3 September 2026. The
Read More
Canada expands tax breaks with permanent Productivity Mega Deduction to attract global investment
Canada’s Prime Minister Mark Carney announced a new tax measure on 15 August 2026 aimed at strengthening Canada's
Read More
Canada introduces priority tax rulings for investments of CAD 1 billion or more
Canada’s Finance Minister François-Philippe Champagne announced on 14 September 2026 that the Canada Revenue Agency
Read More