To address perceived non-compliance in the trucking sector, the CRA has announced that penalties will now apply when businesses fail to file T4A slips reporting fees for services paid to certain corporations.

What’s changing

• Businesses in the trucking industry must report fees for services exceeding $500 paid to Canadian-controlled private corporations (CCPCs).
• These payments must be reported in Box 048 of the T4A slip.
• The new enforcement applies starting with the 2025 calendar year.

Who is considered part of the trucking industry?

A business is considered to be operating in the trucking industry if more than 50% of its primary source of income comes from trucking activities. Businesses with multiple income streams may fall outside this definition if trucking represents less than half of their primary income.

Filing deadline

• T4As for the 2025 tax year are due February 28, 2026.
• Because that date falls on a Saturday, filings will be considered on time if received or postmarked by Monday, March 2, 2026.

CRA has confirmed that while T4As are still required in other situations, the penalty moratorium continues for payments made to businesses outside the trucking industry.

Action: Businesses involved in trucking—either as operators or payers—should review their reporting systems now to avoid penalties.