How do tax instalments, interest, and penalties work?

Your Business Unleashed

Your Business Unleashed
How do tax instalments, interest, and penalties work?
Oct 26, 2023 Season 1 Episode 29
Achen Henderson CPAs

Canadian businesses, did you know that the Canada Revenue Agency's interest rate for overdue taxes is now at 9%? 

In this episode, Clayton discusses how tax instalments, interest and penalties work and some best practices that you can follow to make sure you don't get in trouble with the CRA.

https://www.achenhenderson.ca/