Welcome!

News Feed Item

Minister Findlay Meets With Yellowknife Businesses to Highlight the Government of Canada's Actions to Reduce Red Tape

YELLOWKNIFE, NORTHWEST TERRITORIES -- (Marketwired) -- 07/08/14 -- Canada Revenue Agency

The Honourable Kerry-Lynne D. Findlay, P.C., Q.C., M.P., Minister of National Revenue, today took part in a roundtable with business owners in Yellowknife to obtain their feedback on the Government of Canada's measures to reduce red tape for small and medium-sized businesses. Minister Findlay also highlighted improvements to the array of online services for businesses offered by the Canada Revenue Agency (CRA).

As part of its Red Tape Reduction Action Plan, the Government of Canada has launched a number of service enhancements for businesses, including those introduced in Economic Action Plan 2014. Several have already been implemented, with additional service enhancements scheduled to roll out over the next year:

- In April 2014, the CRA's electronic filing services were expanded. Businesses can now file amended T2 corporate income tax returns online, and representatives for businesses can now send an authorization request to the CRA electronically instead of sending a paper form. Both add up to faster, easier interactions with the CRA.

- In October 2014, businesses will be able to update their banking and direct deposit information online, and the first free online option for paying taxes will be available for business owners registered with My Business Account. A detailed payment history for all of their accounts will be available in one secure and convenient place.

- The Government of Canada is revising remittance thresholds for employer source deductions to reduce the maximum number of payments that businesses have to prepare and send to the CRA, meaning less time spent doing paperwork and more time growing a business.

- Economic Action Plan 2014 will simplify tax rules for the lifetime capital gains exemption for certain individuals operating farming and fishing businesses, to allow for more consistent treatment.

- The CRA is building partnerships with the small business community, as well as provincial and municipal governments, on initiatives such as the CRA's Business Number, the recently announced Liaison Officer Initiative pilot project, and the proposed Registration of Tax Preparers Program (RTPP), all intended to help taxpayers more easily manage their tax affairs and "get it right from the start."

- The Government of Canada is taking strong action to ensure fairness in the tax system by tackling international tax evasion and aggressive tax avoidance with key measures such as the new Offshore Tax Informant Program, which was launched in January 2014. This new measure allows the CRA to make financial awards to individuals who provide information related to major international tax non-compliance that leads to the collection of taxes owing.

Quick facts

- In 2011, Canadian businesses identified over 1,100 irritants related to the tax system to the Government of Canada's Red Tape Reduction Commission.

- In the fall of 2012, the CRA held consultations with businesses, and has developed action plans to reduce or eliminate the compliance burden imposed by each irritant. The results of the 2012 consultations are available in the report called Focusing on Small Business Priorities: Canada Revenue Agency Consultations on Cutting Red Tape.

- From April 2013 to March 2014, the CRA responded to over 6,500 enquiries through the My Business Account enquiries service, a 30% increase over the same period last year.

Quotes

"Our government is always looking for ways to improve service delivery and reduce red tape so that Canadian entrepreneurs can spend more time growing their businesses and less time doing paperwork. That is why we have introduced the Registered Tax Preparer Program and Liaison Officer Initiatives, to help small business owners get it right from the start."

The Honourable Kerry-Lynne D. Findlay, P.C., Q.C., M.P., Minister of National Revenue

Related products

Economic Action Plan 2014

Associated links

Red Tape Reduction

My Business Account

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:
Rebecca Rogers
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
Redis is not only the fastest database, but it is the most popular among the new wave of databases running in containers. Redis speeds up just about every data interaction between your users or operational systems. In his session at 19th Cloud Expo, Dave Nielsen, Developer Advocate, Redis Labs, will share the functions and data structures used to solve everyday use cases that are driving Redis' popularity.
I wanted to gather all of my Internet of Things (IOT) blogs into a single blog (that I could later use with my University of San Francisco (USF) Big Data “MBA” course). However as I started to pull these blogs together, I realized that my IOT discussion lacked a vision; it lacked an end point towards which an organization could drive their IOT envisioning, proof of value, app dev, data engineering and data science efforts. And I think that the IOT end point is really quite simple…
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo Silicon Valley Call for Papers is now open.
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
To leverage Continuous Delivery, enterprises must consider impacts that span functional silos, as well as applications that touch older, slower moving components. Managing the many dependencies can cause slowdowns. See how to achieve continuous delivery in the enterprise.
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, discussed the importance of WebRTC and how it enables companies to focus...
"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.
Up until last year, enterprises that were looking into cloud services usually undertook a long-term pilot with one of the large cloud providers, running test and dev workloads in the cloud. With cloud’s transition to mainstream adoption in 2015, and with enterprises migrating more and more workloads into the cloud and in between public and private environments, the single-provider approach must be revisited. In his session at 18th Cloud Expo, Yoav Mor, multi-cloud solution evangelist at Cloudy...
Aspose.Total for .NET is the most complete package of all file format APIs for .NET as offered by Aspose. It empowers developers to create, edit, render, print and convert between a wide range of popular document formats within any .NET, C#, ASP.NET and VB.NET applications. Aspose compiles all .NET APIs on a daily basis to ensure that it contains the most up to date versions of each of Aspose .NET APIs. If a new .NET API or a new version of existing APIs is released during the subscription peri...
Security, data privacy, reliability, and regulatory compliance are critical factors when evaluating whether to move business applications from in-house, client-hosted environments to a cloud platform. Quality assurance plays a vital role in ensuring that the appropriate level of risk assessment, verification, and validation takes place to ensure business continuity during the migration to a new cloud platform.
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
Ovum, a leading technology analyst firm, has published an in-depth report, Ovum Decision Matrix: Selecting a DevOps Release Management Solution, 2016–17. The report focuses on the automation aspects of DevOps, Release Management and compares solutions from the leading vendors.
Continuous testing helps bridge the gap between developing quickly and maintaining high quality products. But to implement continuous testing, CTOs must take a strategic approach to building a testing infrastructure and toolset that empowers their team to move fast. Download our guide to laying the groundwork for a scalable continuous testing strategy.
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. In his session at 18th Cloud Expo, ...
SYS-CON Events announced today that LeaseWeb USA, a cloud Infrastructure-as-a-Service (IaaS) provider, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. LeaseWeb is one of the world's largest hosting brands. The company helps customers define, develop and deploy IT infrastructure tailored to their exact business needs, by combining various kinds cloud solutions.