CRA’s Online Services to Facilitate Online Tax Return Filing
Internet has made everything easy. From ordering pizza to
booking flights, you can do everything from the convenience of your home. So
why shouldn’t your tax return filing
be that easy?
That’s exactly what CRA thinks, resulting in them offering
their online services for hassle free and easy tax payment. But not everybody
is familiar with online services offered by CRA.
ZRPC, the best personal and corporation tax consultation firm in
Scarborough, tells about the CRA’s online services that’ll make personal and corporation tax filing
definitely easy for you.
My Account Service
My Account service is great for personal income tax filing. With
your CRA My Account, you can:
- View your benefit and credit payment amounts and dates;
- View your notice of assessment;
- Change address, direct deposit information, and marital status;
- Sign up for account alerts though email;
- Check your TFSA contribution room and RRSP deduction limit;
- Check the status of your tax return;
- Request your proof of income statement (option “c” print);
- Link your CRA my account with my service Canada account.
You can get all the information you need about how to register
with My Account by visiting the link canada.ca/my-cra-account.
Business Tax Payment
Not just for personal income tax filing, CRA has something
for businesses as well. CRA’s online services can be used by businessmen across
Canada in a number of ways such as:
- View account balance and transactions;
- Through a pre-authorized debit agreement set-up in My Business Account or My Payment Service, businessmen can make direct payments to CRA;
- File current financial year’s return while you can view status of previously filed returns and even amend returns online;
- Document submission to CRA;
- Authorize a representative for online access to your business accounts;
- Get mail from CRA directly in your My Business Account upon registration;
- Change addresses;
- Manage direct deposit information;
- Submit account and audit related enquiries and view answers to common enquiries;
- Add multiple businesses to your account;
- Payment transfer and balance update;
- Future balance calculation;
For more information regarding My Business Account, visit
the link canada.ca/taxes-business-online.
Withdrawal of a
pre-determined amount
You can allow CRA to withdraw a pre-determined amount from
your bank account through Pre-Authorized Debit (PAD) which is a flexible online
payment option. This is to facilitate tax payment on a particular date/s. PAD
agreement can be set up through CRA’s secure My Business Account service.
These are the three key online services offered by CRA to
make tax payment and tax return filing easy for Canadian Taxpayers. For more
information, contact ZRPC, the leading personal and corporation income tax return consultation firm in
Scarborough.
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