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Truckers Resister for A New CRA Fuel Charge Program
February, 10, 2019
Greenhouse Gas Pollution Pricing Act.
Persons that have business activities in a listed province (Alberta, Manitoba, Nunavut, Ontario, Saskatchewan, or Yukon), such as producers,
distributors, importers, emitters, certain users of fuel, or combustible waste, as well as persons that are air, marine, rail, or road carriers, may have to register for one or more of the following types of registration:
distributor importer emitter user of fuel user of combustible
waste air carrier specified air carrier marine carrier specified
marine carrier rail carrier specified rail carrier road carrier
When to register You can submit your fuel charge registration forms electronically or by mail. If your registration is mandatory: you were required to register before April 1, 2019 if your business activities are in Manitoba, New BrunswickFootnote1 , Ontario, or Saskatchewan you were required to register before July 1, 2019 if your business activities are in Nunavut, or Yukon you were required to register before January 1, 2020 if your business activities are in Alberta
How to register to register for the fuel charge program, use Form L400, Fuel Charge Registration. If you have activities in more than one listed province, only one registration application is needed. To indicate your registration type(s) and the type(s) of fuel that you use, transfer, deliver, divert, bring into, import in, or produce, and any combustible waste burned in each listed province, attach Form L400-1, Fuel Charge Registration Schedule to your L400, Fuel Charge Registration.
Conclusion
As a business owner, you must know what your business earned first in order to calculate your taxable income. You must also know what items to include and what to exclude. Without a bookkeeping process in place, you may not have financial information ready for tax time.
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