File your 2023 corporate income tax return now to get the Canada Carbon Rebate for Small Businesses

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  • File your 2023 corporate income tax return now to get the Canada Carbon Rebate for Small Businesses

    Retroactive payments will be issued to eligible Canadian-controlled private corporations (CCPCs) with respect to the 2019-2020 to 2023-2024 fuel charge years.

    To be eligible for the rebate for one or more of the fuel charge years, a CCPC must:

    • have employed one or more persons in a designated province in the calendar year in which the fuel charge year begins;
    • have had 499 or fewer employees throughout Canada in that calendar year; and
    • have filed their corporate income tax return for the tax year ending in 2023 no later than July 15, 2024.

    CCPCs do not have to apply for this rebate. Once the Minister of Finance has specified the payment rates for each designated province for an applicable calendar year, the Canada Revenue Agency will calculate and automatically issue the rebate amounts to eligible CCPCs.

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