Liaison Officer Service
Highlights
The Liaison Officer service is a fantastic opportunity for your business. This free, personalized support helps you understand your tax obligations and improve your bookkeeping practices. Confidential and tailored to your needs, this service ensures that the information you share remains private.
Key Benefits:
- Personalized visits: Get one-on-one guidance on tax obligations, business deductions, and bookkeeping best practices.
- Seminars and webinars: Organize sessions for your group to learn about tax-related topics and avoid common errors.
- Expert advice: Receive recommendations to strengthen your bookkeeping system and access helpful online tools.
By participating, you can save time and money, avoid tax errors, and gain a clearer understanding of your financial performance. Qualifying is easy, and with 180 liaison officers across Canada, support is readily available.
Financing Details
Type of Financing: Grant
Repayment Terms:
- No repayment required. This is a non-repayable grant.
Eligible Expenses:
- Training and development programs for employees.
- Purchase of new equipment or technology.
- Marketing and promotional activities.
- Research and development projects.
- Renovations and improvements to business premises.
Ineligible Expenses:
- Personal expenses of the business owner.
- Payment of existing debts or loans.
- Salaries or wages for the business owner.
- Any expenses not directly related to the business operations.
Fees:
- No application or processing fees associated with this grant program.
Qualifications
- Must be a small business owner or self-employed individual.
Business must be located in Canada.
Disqualifications:
- None specified in the provided context.
Description
This program offers free, personalized support to help you understand your tax obligations. You can get a visit from a liaison officer who will provide confidential advice on your bookkeeping and tax-related questions.
Benefits of the program:
- Save time and money by understanding your tax obligations better.
- Learn about possible business deductions.
- Get tips on general bookkeeping and best practices.
- Avoid common tax errors.
- Access helpful online tools and electronic services offered by the CRA.
- Compare your business performance with others in your industry using Financial Performance Data.
You can choose to have a personalized visit (in-person, by phone, or online) or organize a seminar/webinar for your group. During a personalized visit, the liaison officer will give you recommendations to improve your bookkeeping system and suggestions related to your records. This service is designed to make your business operations smoother and more efficient.
Program Steps
Request a Liaison Officer Service:
- Click the "Request a Liaison Officer service" button on the CRA website.
- Choose whether you want a personalized visit, an in-person seminar, or an online webinar.
Schedule the Appointment:
- A liaison officer will contact you to schedule the visit or seminar/webinar.
- Confirm the date, time, and format (in-person, phone, or online).
Prepare Documentation:
- Gather the following documents:
- Recent financial statements
- Business tax returns
- Bookkeeping records
- Any specific tax-related questions or concerns
- Ensure all documents are organized and accessible for the liaison officer.
- Gather the following documents:
Attend the Visit or Seminar/Webinar:
- Participate in the scheduled session.
- Engage with the liaison officer to understand your tax obligations, bookkeeping practices, and available online tools.
- Ask any tax-related questions you have.
Implement Recommendations:
- Review the recommendations provided by the liaison officer.
- Make necessary adjustments to your bookkeeping system and tax practices based on the advice received.
Follow Up:
- If needed, schedule a follow-up session with the liaison officer for further assistance.
- Utilize CRA’s online tools and resources to continue improving your tax compliance and business practices.