Tax reference

Prescribed Interest Rates

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

Quarterly rates

Published periods

Jul 1–Sep 30, 2026

Overdue income tax: 7%
Non-corporate overpayments: 5%
Low-interest loan benefits: 3%
Corporate taxpayers’ pertinent loans or indebtedness: 6.3%

Oct 1–Dec 31, 2026

Overdue income tax: 7%
Non-corporate overpayments: 5%
Low-interest loan benefits: 3%
Corporate taxpayers’ pertinent loans or indebtedness: 6.29%

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.

Each row identifies the period when its rate applies. The fourth-quarter rates apply from October 1, 2026; they do not replace the July–September rates before that date. The CRA index provides other quarters.

Reference table

CRA prescribed annual rates

Applicable period	Item	Rate	Context
Jul 1–Sep 30, 2026	Overdue taxes, CPP contributions, and EI premiumsJul 1–Sep 30, 2026	7%	Interest charged by CRA on overdue income-tax related amounts.
Jul 1–Sep 30, 2026	Corporate taxpayer overpaymentsJul 1–Sep 30, 2026	3%	Interest paid by CRA on corporate taxpayer overpayments.
Jul 1–Sep 30, 2026	Non-corporate taxpayer overpaymentsJul 1–Sep 30, 2026	5%	Interest paid by CRA on non-corporate taxpayer overpayments.
Jul 1–Sep 30, 2026	Employee/shareholder interest-free or low-interest loan benefitsJul 1–Sep 30, 2026	3%	Rate used to calculate taxable benefits for interest-free and low-interest loans.
Jul 1–Sep 30, 2026	Corporate taxpayers' pertinent loans or indebtednessJul 1–Sep 30, 2026	6.3%	Rate for corporate taxpayers' pertinent loans or indebtedness.
Jul 1–Sep 30, 2026	GST/HST and many other overdue remittancesJul 1–Sep 30, 2026	Overdue 7% Corporate overpaid 3% Non-corporate overpaid 5%	Applies to GST, HST, air travellers security charge, fuel charge, several excise taxes/duties, UHT, Luxury Tax, and other listed charges unless a specific exception applies.
Jul 1–Sep 30, 2026	Certain excise duty before July 1, 2003 and brewer licenseesJul 1–Sep 30, 2026	Overdue 5% Corporate overpaid N/A Non-corporate overpaid N/A	CRA lists 5% overdue and N/A overpayment rates for these specific categories.
Jul 1–Sep 30, 2026	Digital Sales Tax and Global Minimum TaxJul 1–Sep 30, 2026	Overdue 7% Corporate overpaid 3% Non-corporate overpaid N/A	CRA lists N/A for non-corporate overpaid remittances for these categories.
Oct 1–Dec 31, 2026	Overdue taxes, CPP contributions, and EI premiumsOct 1–Dec 31, 2026	7%	Interest charged by CRA on overdue income-tax related amounts.
Oct 1–Dec 31, 2026	Corporate taxpayer overpaymentsOct 1–Dec 31, 2026	3%	Interest paid by CRA on corporate taxpayer overpayments.
Oct 1–Dec 31, 2026	Non-corporate taxpayer overpaymentsOct 1–Dec 31, 2026	5%	Interest paid by CRA on non-corporate taxpayer overpayments.
Oct 1–Dec 31, 2026	Employee/shareholder interest-free or low-interest loan benefitsOct 1–Dec 31, 2026	3%	Rate used to calculate taxable benefits for interest-free and low-interest loans.
Oct 1–Dec 31, 2026	Corporate taxpayers' pertinent loans or indebtednessOct 1–Dec 31, 2026	6.29%	Rate for corporate taxpayers' pertinent loans or indebtedness.
Oct 1–Dec 31, 2026	GST/HST and many other overdue remittancesOct 1–Dec 31, 2026	Overdue 7% Corporate overpaid 3% Non-corporate overpaid 5%	Applies to GST, HST, air travellers security charge, fuel charge, several excise taxes/duties, UHT, Luxury Tax, and other listed charges unless a specific exception applies.
Oct 1–Dec 31, 2026	Certain excise duty before July 1, 2003 and brewer licenseesOct 1–Dec 31, 2026	Overdue 5% Corporate overpaid N/A Non-corporate overpaid N/A	CRA lists 5% overdue and N/A overpayment rates for these specific categories.
Oct 1–Dec 31, 2026	Digital Sales Tax and Global Minimum TaxOct 1–Dec 31, 2026	Overdue 7% Corporate overpaid 3% Non-corporate overpaid N/A	CRA lists N/A for non-corporate overpaid remittances for these categories.

Notes and assumptions

These rates apply for the listed quarter. They are annual rates and can change each calendar quarter.

Official sources