Payment of balance owing

Payment of balance owing

You can pay your corporation's balance owing using one of the following methods:

• your Canadian bank or credit union's online banking, mobile app, or telephone service

• the CRA's My Payment service at canada.ca/cra-my-payment with your activated debit card from a participating Canadian bank or credit union with a Visa® Debit or Debit Mastercard® logo (does not include credit cards)

• pre-authorized debit (PAD) at canada.ca/my-cra-business-account which lets you:

  • set up payments to the CRA from a Canadian chequing account on preset dates starting in five or more business days

  • pay an amount due, repay overpaid amounts, or make instalment payments

  • view your account history and modify, cancel, or skip a payment (for more information on PAD, go to canada.ca/pay-authorized-debit)

• the "Proceed to pay" button on the "View and pay account balance" page and other pages within My Business Account

• your credit card, Interac e-transfer or PayPal through one of the third-party service providers for a fee

• in person, with cash or by debit, at Canada Post for a fee.

To do so you will need a remittance voucher with a QR code or a self-generated QR code. For more information, go to canada.ca/payments

• in person at your financial institution in Canada. To do so, you have to use a remittance voucher which you can request through the following portals:

  • for business owners: canada.ca/my-cra-business-account

  • for business employees and representatives: canada.ca/taxes-representatives

For more information about payments, go to canada.ca/payments.

If you have an amount owing, you can view a revised balance that includes interest calculated to a date you select by using the "View and pay account balance" service and selecting the "Calculate future balance" option through:

• My Business Account at canada.ca/my-cra-business-account, if you are the business owner

• Represent a Client at canada.ca/taxes-representatives, if you are an authorized representative or employee

You can ask that the CRA stop issuing remittance vouchers and the envelope that is sent with notices and statements by using the "Enquiries service" and selecting the "Change mailing instructions" option through My Business Account at canada.ca/my-cra-business-account or through Represent a Client at canada.ca/taxes-representatives.

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