Browsing Archive: January, 2014

2013 AgriStability changes

Posted by michelle mckillop on Friday, January 10, 2014, In : Tax Blog

2013 AgriStability Program Year Changes

The Growing Forward 2 policy framework agreement comes into effect for the 2013 program year. Under this new agreement, a number of changes were introduced for the AgriStability program including a reduced program fee, 70% margin coverage, harmonized compensation rate for both positive and negative declines, and a reference margin limit. Read about the changes.

Existing program parameters as outlined below remain in place for the 2012 and prior program y...

Taxpayer relief available for businesses affected by power outages due to severe weather conditions in Ontario

Posted by michelle mckillop on Friday, January 10, 2014, In : CRA Bulletins

This was sent out yesterday by the Canada Revenue Agency:

January 9, 2014 - Ottawa - Canada Revenue Agency

The Honourable Kerry-Lynne D. Findlay, P.C., Q.C., M.P., Minister of National Revenue, today reminded businesses that the Canada Revenue Agency (CRA) taxpayer relief provisions are available to those that have been unable to meet their tax obligations because of the recent power outages in Quebec, Ontario, and Atlantic Canada.

Affected businesses can apply to have interest or penalties or b...