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Canada Revenue Agency prescribed rate Q4 2025

Prescribed rate to remain unchanged for Q4 2025

The Canada Revenue Agency has confirmed that the prescribed rate for the fourth quarter of 2025 will hold steady at 3 per cent. The rate will be in effect from October 1st, 2025 to December 31st, 2025. In Q3 2025, the rate reached its lowest level since the fourth quarter of 2022, after increasing to […]

transport truck and personal services businesses

CRA is scrutinizing personal services businesses. Here’s why

As devastating as the global pandemic has been, it did create a new way of thinking for businesses large and small. Remote work became common, Zoom calls the norm and businesses of all sizes shifted their workflow, both to accommodate lockdown restrictions and the evolving work preferences of their employees. At the same time, a […]