CANADIAN TARIFF RELIEF INCLUDES TRAVEL AGENCIES

ACTA is advising that the Government of Canada’s new tax relief measures designed to assist workers and businesses impacted by U.S. tariffs include travel agencies and independent travel advisors.

Effective from April 2 until June 30, 2025, the Canada Revenue Agency (CRA) will defer GST/HST remittances and corporate income tax payments, providing immediate financial relief for businesses during this period.

Additionally, the CRA will waive interest on GST/HST and corporate income tax (T2) instalments and arrears payments scheduled between April 2 and June 30, 2025, and provide interest relief on existing GST/HST and T2 balances for this same period.

Interest charges will resume on July 1, 2025. Agencies and advisors are reminded that they must continue to file their GST/HST and T2 returns by the established deadlines to ensure compliance with all filing requirements.

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