Welcome!

News Feed Item

Harper Government Announces New Measures to Support Small Business Compliance

TORONTO, ONTARIO -- (Marketwired) -- 01/17/14 -- Canada Revenue Agency

The Honourable Kerry-Lynne D. Findlay, P.C., Q.C., M.P., Minister of National Revenue, today announced a new three-point plan to support small and medium-sized businesses to comply with tax rules. This will help small and medium enterprises more easily meet their tax obligations, save time and money, and reduce red tape.

The new three-point plan features earlier support to businesses in their business cycle, better and earlier access to clear and comprehensive information, and, where required, focused interventions where the risks of non-compliance are highest. The plan includes:


--  The Liaison Officer Initiative: the CRA will provide in-person
    information to small and medium enterprises at key points in their
    business cycle to help them get it "right from the start;"
--  The Registration of Tax Preparers Program (RTPP): this program proposes
    to register tax preparers so the Canada Revenue Agency (CRA) can better
    identify and address common and recurring errors with them before tax
    returns are filed. The RTPP signals real benefits for both tax preparers
    and taxpayers by helping them get it "right from the start," and avoid
    costly and time-consuming interventions from the CRA after-the-fact; and
--  An enhanced focus on high risk files: the CRA will make better use of
    advanced business intelligence, specialized audit teams for specific
    sectors, and novel approaches such as letter writing campaigns, to
    supplement the CRA's traditional audit approaches.

In the coming months, the CRA will be hosting discussions on the proposed RTPP with taxpayers, tax preparers, and organizations representing tax preparers in Halifax, Montreal, Toronto, Winnipeg, Calgary and Vancouver. Stakeholders may also provide their input online or in writing. For more information on the RTPP and how to participate in the consultation, go to www.cra.gc.ca/rtpp.

Quick Facts


--  Approximately seventy percent of individuals and small businesses use
    tax preparers to file their taxes. CRA's research shows that there
    continues to be a significant incidence of errors in tax returns filed.
--  Under the proposed RTPP, the CRA would register tax preparers who are
    paid a fee for their services, so that the CRA can identify those who
    are preparing non-compliant tax returns and work with them, using a
    strategic compliance approach, to correct problems and avoid errors in
    the future before a tax return is filed.

Quotes

"Our goal with a new three-point plan is to make compliance easy for businesses that want to comply, and make non-compliance difficult for those that don't. Over the next few months, we want to hear from businesses and their representatives to better understand their needs and ensure that the RTPP achieves this goal."

The Honourable Kerry-Lynne D. Findlay, Minister of National Revenue

"Members of the Canadian Federation of Independent Business tell us that complying with CRA regulations is confusing and takes time away from running their firm. Small business owners want to comply but often lack the time and resources to navigate complex regulations. CFIB is pleased that the CRA will be helping small business owners with in-person support through the Liaison Officer Initiative."

Dan Kelly, president of the Canadian Federation of Independent Business

Related Products

RTPP landing page

Consultation paper

Q's&A's

Stay connected

To receive updates when new information is added to our website, you can:

- Follow the CRA on Twitter - @CanRevAgency.

- Subscribe to a CRA electronic mailing list.

- Add our RSS feeds to your feed reader.

- You can also watch our tax-related videos on YouTube.

Contacts:
Julie Carmichael
Director of Communications
Office of the Minister of National Revenue
613-995-2960

Noel Carisse
Media Relations
Canada Revenue Agency
613-952-9184

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Interoute has announced the integration of its Global Cloud Infrastructure platform with Rancher Labs’ container management platform, Rancher. This approach enables enterprises to accelerate their digital transformation and infrastructure investments. Matthew Finnie, Interoute CTO commented “Enterprises developing and building apps in the cloud and those on a path to Digital Transformation need Digital ICT Infrastructure that allows them to build, test and deploy faster than ever before. The int...
Whether you like it or not, DevOps is on track for a remarkable alliance with security. The SEC didn’t approve the merger. And your boss hasn’t heard anything about it. Yet, this unruly triumvirate will soon dominate and deliver DevSecOps faster, cheaper, better, and on an unprecedented scale. In his session at DevOps Summit, Frank Bunger, VP of Customer Success at ScriptRock, discussed how this cathartic moment will propel the DevOps movement from such stuff as dreams are made on to a practic...
ChatOps is an emerging topic that has led to the wide availability of integrations between group chat and various other tools/platforms. Currently, HipChat is an extremely powerful collaboration platform due to the various ChatOps integrations that are available. However, DevOps automation can involve orchestration and complex workflows. In his session at @DevOpsSummit at 20th Cloud Expo, Himanshu Chhetri, CTO at Addteq, will cover practical examples and use cases such as self-provisioning infra...
"My role is working with customers, helping them go through this digital transformation. I spend a lot of time talking to banks, big industries, manufacturers working through how they are integrating and transforming their IT platforms and moving them forward," explained William Morrish, General Manager Product Sales at Interoute, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
The cloud competition for database hosts is fierce. How do you evaluate a cloud provider for your database platform? In his session at 18th Cloud Expo, Chris Presley, a Solutions Architect at Pythian, gave users a checklist of considerations when choosing a provider. Chris Presley is a Solutions Architect at Pythian. He loves order – making him a premier Microsoft SQL Server expert. Not only has he programmed and administered SQL Server, but he has also shared his expertise and passion with budd...
Apache Hadoop is emerging as a distributed platform for handling large and fast incoming streams of data. Predictive maintenance, supply chain optimization, and Internet-of-Things analysis are examples where Hadoop provides the scalable storage, processing, and analytics platform to gain meaningful insights from granular data that is typically only valuable from a large-scale, aggregate view. One architecture useful for capturing and analyzing streaming data is the Lambda Architecture, represent...
SYS-CON Events announced today that Ocean9will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Ocean9 provides cloud services for Backup, Disaster Recovery (DRaaS) and instant Innovation, and redefines enterprise infrastructure with its cloud native subscription offerings for mission critical SAP workloads.
With billions of sensors deployed worldwide, the amount of machine-generated data will soon exceed what our networks can handle. But consumers and businesses will expect seamless experiences and real-time responsiveness. What does this mean for IoT devices and the infrastructure that supports them? More of the data will need to be handled at - or closer to - the devices themselves.
In his session at DevOps Summit, Tapabrata Pal, Director of Enterprise Architecture at Capital One, will tell a story about how Capital One has embraced Agile and DevOps Security practices across the Enterprise – driven by Enterprise Architecture; bringing in Development, Operations and Information Security organizations together. Capital Ones DevOpsSec practice is based upon three "pillars" – Shift-Left, Automate Everything, Dashboard Everything. Within about three years, from 100% waterfall, C...
Adding public cloud resources to an existing application can be a daunting process. The tools that you currently use to manage the software and hardware outside the cloud aren’t always the best tools to efficiently grow into the cloud. All of the major configuration management tools have cloud orchestration plugins that can be leveraged, but there are also cloud-native tools that can dramatically improve the efficiency of managing your application lifecycle.
SYS-CON Events announced today that Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Juniper Networks challenges the status quo with products, solutions and services that transform the economics of networking. The company co-innovates with customers and partners to deliver automated, scalable and secure network...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In his Day 3 Keynote at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will explore t...
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
SYS-CON Events announced today that Linux Academy, the foremost online Linux and cloud training platform and community, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Linux Academy was founded on the belief that providing high-quality, in-depth training should be available at an affordable price. Industry leaders in quality training, provided services, and student certification passes, its goal is to c...
Some people worry that OpenStack is more flash then substance; however, for many customers this could not be farther from the truth. No other technology equalizes the playing field between vendors while giving your internal teams better access than ever to infrastructure when they need it. In his session at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will talk through some real-world OpenStack deployments and look into the ways this can benefit customers of all sizes....