Kamloops - Cathy McLeod, Parliamentary Secretary to the Minister of National Revenue and member of the Red Tape Reduction Commission, announced recently in an address to the Kamloops Chamber of Commerce that it is now easier for businesses to get information they can count on from the Canada Revenue Agency (CRA).
Businesses, their employees or representatives can ask the new My Business Account Enquiries Service tax related questions, and CRA will answer them online and in writing within a given time period.
"Our government made a commitment to reduce red tape for businesses. The new My Business Account Enquiries Service is just one way we have made it easier for businesses to interact with the CRA," stated McLeod. "Simply put, this new service gives business owners the confidence that within a reasonable timeframe they will receive a clearly written answer that they can rely on."
Mrs. McLeod's speech also touched on three other changes that the government is putting in place to make tax filing easier for businesses: reductions in some late filing penalties, a new online business landing page, and improved information slip filing.
"Small businesses are a vital part of our local, provincial and national economies. Our government will continue to cut red tape so that small businesses can focus on what they do best: growing their business, creating jobs, and generating wealth in communities across Canada," concluded McLeod.