Yannacopoulos Johal Accounting

10/07/2026

💰 CRA Prescribed Interest Rates – Q4 2026

CRA’s prescribed interest rates for October 1 to December 31, 2026 include:

🔴 7% – Interest charged on overdue taxes
📊 3% – Prescribed rate for certain shareholder/employee loans and tax-planning arrangements
🏢 3% – Interest paid by CRA on corporate tax overpayments
👤 5% – Interest paid by CRA on non-corporate tax overpayments

⚠️ CRA arrears interest is generally compounded daily and is not tax-deductible, making outstanding tax balances increasingly costly over time.

Have questions about a CRA balance, instalments, or prescribed-rate planning?

Contact us for a free 30-minute consultation.

10/03/2026

🇨🇦 October 2026 benefit payment dates are here!

Save this post so you know when to expect your government benefit payments this month. 📅

October includes payments for the Canada Groceries and Essentials Benefit, Advanced Canada Workers Benefit, Canada Disability Benefit, CCB, CPP and OAS.

Have questions about your taxes, benefits, or CRA accounts? We’re here to help.

📩 Send us a message to book a FREE 30-minute consultation.

09/20/2026

🚨 B.C. PST UPDATE: The October 1 expansion has been PAUSED.

The B.C. government has announced that the planned expansion of PST to certain professional services will not proceed on October 1, 2026 as scheduled.
For now, the existing PST exemption will remain in place for affected professional services, including:

📌 Accounting & bookkeeping
📌 Architectural services
📌 Engineering & geoscience services
📌 Certain non-residential real estate services
📌 Security & private investigation services

For B.C. businesses that were preparing for the October 1 change, this is an important update.

The Province has indicated the pause will be implemented through a temporary regulation, with no new implementation date currently announced.

📲 Save & share this post with a B.C. business owner who should know.

Have questions about your business's PST obligations? Contact Yannacopoulos Johal Accounting Services Inc.

09/17/2026

09/02/2026

📅 September Benefit Payment Dates 🇨🇦

Mark your calendar! Here are the key federal benefit payment dates for September:

♿ Canada Disability Benefit: September 17
👨‍👩‍👧 Canada Child Benefit (CCB): September 18
👵 Old Age Security (OAS): September 25
💰 Canada Pension Plan (CPP): September 25

Save this post for easy reference and share it with someone who may find it helpful! 📌

08/19/2026

🚨 B.C. businesses — big PST changes are coming October 1, 2026.

B.C. is expanding the 7% PST to certain professional services, which could affect both businesses providing these services and businesses purchasing them.

If your business provides or uses services such as accounting, bookkeeping, engineering, architectural or certain real estate services, it’s worth understanding how the new rules may apply to you.

📌 Save this post and make sure you’re prepared before October 1.

Have questions about how the new PST rules could affect your business? We’re here to help.

📩 Contact Yannacopoulos Johal Accounting Services Inc. for a FREE 30-minute consultation.

08/05/2026

Canada Child Benefit amounts have increased for 2026–2027!

Many Canadian families may notice a change in their monthly CCB payments this year.

The amount you receive depends on factors such as:

✅ Your adjusted family net income
✅ Number of eligible children
✅ Age of your children

Remember — your tax return plays an important role in determining the benefits you receive.

Save this post as a quick reference and share it with a family who may find it helpful.

📩 Have questions about your personal taxes or government benefits? We’re here to help.

07/30/2026

August Government Benefit Payment Dates are here!

Stay on top of your finances by knowing when your government benefits are scheduled to arrive this month.

📅 August 20 – Canada Disability Benefit (CDB) & Canada Child Benefit (CCB)

📅 August 27 – Old Age Security (OAS) & Canada Pension Plan (CPP)

Save this post for easy reference and share it with someone who may find it helpful.

Have questions about your taxes, government benefits, or CRA programs? We're here to help.

📩 Contact Yannacopoulos Johal Accounting Services Inc. to book your FREE 30-minute consultation.

07/02/2026

July 2026 benefit payment dates are here!

Save this post so you know when to expect your government benefit payments this month.

Have questions about your taxes, benefits, or CRA accounts? We're here to help.

📩 Send us a message to book a FREE 30-minute consultation.

06/25/2026

🚨 Corporate tax deadline is coming up fast

If your corporation has a December 31, 2025 year-end, your T2 corporate tax return is generally due June 30, 2026.

A lot of business owners don’t realize this important point:

💡 Your tax payment deadline is NOT the same as your filing deadline

Even if you’ve already paid your taxes, you still need to file your return on time to avoid CRA penalties and interest.

If you’re feeling behind or unsure if everything is in order, now is the time to act.

📩 DM us to book your FREE 30-minute consultation — we’ll help you get everything filed properly and on time.