Tax reference

Prescribed Interest Rates

CRA prescribed annual interest rates for overdue amounts, overpayments, taxable loan benefits, and selected other taxes or charges.

CRA source-linkedQuarterly reviewTax reference

Current snapshot

Reviewed quarter

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Plain-language context

What this reference means

CRA prescribed interest rates are annual rates calculated quarterly under the laws that apply. The rates can apply to overdue tax amounts, amounts owed by CRA, and certain taxable benefits.

This reference captures the currently reviewed quarter and keeps the CRA historical index as a source link for other quarters.

Reference table

CRA prescribed annual rates

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Notes and assumptions

Prescribed interest rates are loaded from the shared OpenBook Planning taxation-rules data file.

Official sources

  • Source links load from the centralized reference data file.