Reference

Taxpayer Relief

Taxpayer Relief

Plain meaning

CRA relief provisions that may allow cancellation or waiver of penalties and interest in certain circumstances.

Also called

interest and penalty relief fairness relief

Key points

  • Taxpayer relief can allow the CRA to cancel or waive penalties and interest in qualifying circumstances.
  • Relief may be considered for extraordinary circumstances, CRA actions, inability to pay because of financial hardship, or other accepted reasons.
  • The program generally does not cancel the underlying tax debt itself.
  • Requests must include facts, dates, amounts, and supporting documents.
  • Time limits apply, so older years may not be eligible for relief.

Why it comes up

Relief rules matter when taxpayers face late filing, payment problems, disasters, illness, or CRA delay.

News signals

CRA administrative relief penalties interest rates

Related articles

  • No matching articles yet.
Back to Top