Fuel Tax Credits 2024 Canada

Fuel Tax Credits 2024 Canada. Budget 2024 announces further details on — and in certain cases expands — previously announced investment tax credits (itcs) to support the adoption of clean energy. On april 1, 2024, the federal government increased the carbon tax from $65 per tonne to $80 per tonne, making fossil fuels more expensive.


Fuel Tax Credits 2024 Canada

As of april 1, 2024, the federal carbon tax in canada is $80 per tonne of co2e. The canada carbon rebate for small businesses will be paid to eligible corporations through payments from the cra, separately from cra tax refunds.

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