Line 48500 - Balance owing
Line 48500 - Balance owing
Your balance owing is due no later than April 30, 2025.
Generally, the CRA does not charge a difference of $2 or less. Do not mail cash or include cash with your return.
The CRA will charge daily compound interest on any outstanding balance from the day after the balance is due until your balance is paid in full.
Make your payment using:
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any of the electronic payment options on page 55
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a cheque or debit at your Canadian bank or credit union with a remittance voucher (available at canada.ca/my-cra-account or by contacting the CRA)
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cash or debit at any Canada Post outlet across Canada for a fee if you have a remittance voucher with a QR code or a self-generated QR code
For more information, go to canada.ca/payments.
If you cannot pay your balance owing by April 30, 2025, go to canada.ca/cra-collections to learn more about managing your tax debt or see Information Circular IC98-1R8, Tax Collections Policies.
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