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Happy piggy bank

After rising for four consecutive quarters, interest rate charged on overdue tax to stand steady

The Canada Revenue Agency sign outside the National Headquarters at the Connaught Building in Ottawa is seen on Monday, March 1, 2021. CRA Tax

The agreement includes wage increases plus a pensionable one-time lump sum payment of $2,500

Wheeling his way into recovery

The DTC is a valuable credit for Canadians with disabilities and the key to other support programs

The Canada Revenue Agency sign outside the National Headquarters at the Connaught Building in Ottawa is seen on Monday, March 1, 2021. CRA Tax

The CRA says tax returns filed digitally will largely be processed automatically ``without delay"

The Canada Revenue Agency sign outside the National Headquarters at the Connaught Building in Ottawa is seen on Monday, March 1, 2021. CRA Tax

The agency said all paper returns “will be stockpiled for future processing"

red card

A Tax Court case led to a hefty tax bill

The Canada Revenue Agency sign outside the National Headquarters at the Connaught Building in Ottawa is seen on Monday, March 1, 2021. CRA Tax

Rate to rise for the fourth consecutive quarter

Hands Giving & Receiving Money

In another measure aimed at vulnerable Canadians, the CRA will pilot automatic tax filing in 2024

image of houses

Affected owners have until Oct. 31 to file or pay before incurring interest and penalties

Stacking cubes

The increase represents the fourth consecutive quarter that the rate has climbed