This volume of the IFTA NewsFlash contains information about renewing your IFTA decals and licence for 2006. Please take a moment to review this information to ensure you are up-to date on all of the requirements for renewing your IFTA decals and licence. This NewsFlash also contains information on reporting during hurricane relief efforts and interest rates for underpayments.

Ordering New Decals for 2006

To receive your decals for the registration year January 1 to December 31, 2006, please complete the 2006 Annual Renewal Request for IFTA Decals, IFTA 407 and return it before December 31, 2005 with the proper payment. Your cheque should be made payable to the 'Minister of Finance'. If you are requesting additional decals for either the registration year 2005 or 2006, please complete the Request for Additional Decals - IFTA 421 form and be sure to use the correct form which will show the 'Expiry Year of Decals' as either December 31, 2005 or December 31, 2006. If you do not use the correct form, you may receive the wrong decals and will have to reorder at an additional cost. Once your 2006 Annual Renewal Request for IFTA Decals - IFTA 407 form is received by the ministry, your 2006 licence and decals will be mailed to you, providing your account is in good standing. For your account to be in good standing you must have filed returns for all reporting periods and paid all taxes (including penalties and interest) due.

Displaying Your 2006 IFTA Decals

Early Display

Your IFTA decals for 2006 may be displayed as of December 1, 2005. If you display your 2006 IFTA decals from December 1, 2005 to December 31, 2005, you will need a copy of your 2005 IFTA licence as well as your 2006 IFTA licence in your qualified vehicle(s).

Grace Period

Renewed carriers are allowed a two-month grace period to display the current 2006 year IFTA licence and decals (credentials). If you have applied for, but not received your 2006 IFTA credentials by January 1, 2006, you will need to continue to display your 2005 IFTA licence and decals until you receive your 2006 IFTA credentials.

Note: The deadline for displaying 2006 IFTA credentials is February 28, 2006.  If you do not carry the proper documentation while travelling, you may receive a fine and be required to buy a single trip permit.

Information for Quarterly Reports During Periods of Hurricane Relief Efforts

Although Ontario did not waive fuel taxes, other jurisdictions may have implemented special instructions for reporting fuel usage during periods of hurricane relief efforts. You will need to review each jurisdiction's notice to determine if you qualify and how to report for those jurisdictions that have implemented tax or licensing waivers.  Please visit the IFTA website www.iftach.org for information regarding hurricane relief instructions provided by IFTA jurisdictions.

Interest Rate on Unpaid Amounts

The current interest rate (effective October 1, 2005) applied to the underpayment of taxes is 5% per annum from the due date.

Ministry of Revenue

Toll-free: 1 866 ONT-TAXS (1 866 668-8297)
Teletypewriter (TTY): 1 800 263-7776
Fax: 905 436-4507 or 905 436-4511

Mail to:
Ministry of Revenue
Client Accounts and Services Branch
33 King Street W.,
Oshawa, ON L1H 8H9

Internet ontario.ca/revenue, www.iftach.org

Change of Address

Complete ALL applicable sections, print clearly and mail to the Ministry.

Effective Date of Change (year/month/day)
IFTA Registration No.: ON
Name
New Business/Mailing Address:
Unit No.
Street No.
Street Name
Town/City Province/State
Country
Postal/Zip Code
Telephone No. (include Area Code) Extension
Fax No.
Name of Authorized Person (please print)
Title (if applicable)
Signature

© Queen's Printer for Ontario, 2002
12/2005/6,000
ISSN 1206-7105