Taxpayer relief measures available to Canadians affected by natural disasters (Accountant Brampton)

Ottawa, Ontario, September 1, 2011… The Honourable Gail Shea, Minister of National Revenue, would like all Canadians who were affected by the recent tornado in Goderich or were impacted by Hurricane Irene to know that the Canada Revenue Agency (CRA) has taxpayer relief provisions available to them if they are unable to meet their tax obligations because of these natural disasters, Accountant Brampton.

Accountant Woodbridge

Accountant Brampton

“My sincere sympathy goes out to the people of Goderich who were harmed by the devastating tornado that swept through the city on August 21st. I also deeply sympathize with all of those Canadians whose lives have been disturbed by Hurricane Irene. I know that your first concern is to begin to re‑build your lives, and in some cases, your homes and your businesses too.”

“I would like you to know that you have one less thing to worry about right now,” added Minister Shea. “If you cannot meet your tax obligations due to a natural disaster, you can be given special consideration by the Canada Revenue Agency.”

The CRA has taxpayer relief provisions in place that use a balanced approach to help taxpayers to resolve tax issues that arise through no fault of their own. Under these provisions, any taxpayer can apply to the CRA to have interest and/or penalties waived or cancelled in situations where they are unable to file a tax return and/or make a payment on time due to a natural disaster or other extraordinary circumstances beyond their control.

For more information:

http://www.cra-arc.gc.ca/nwsrm/rlss/2011/m09/nr110901-eng.html