The CRA also provides an online payment service called My Payment. However, taxpayers who wish to obtain such a personalized remittance form can do so by calling the CRA’s Individual Income Tax Enquiries line at 1-800-959 8281 and requesting that one be sent to them by mail. Since that remittance is specific to the taxpayer, it’s not possible to simply print that form from the CRA website.
Doing so, however, requires that the taxpayer have a personalized remittance form. Paying at your financial institutionįor those who don’t use online banking, or simply prefer to make a payment in person, it is possible to pay a tax amount owed at the bank. It is not necessary to access any particular CRA form in order to make an online payment of taxes through one’s financial institution. What’s important to remember is that the nature of the payment (i.e., current year tax return, as distinct from current year tax instalment payments) must be specified, and the taxpayer’s social insurance number must be provided, in order to ensure that the payment is credited to the correct account. The specific steps involved in making that payment will differ slightly for each financial institution, depending on how their online payment systems are configured. The list of financial institutions through which a payment can be made to the CRA is a lengthy one (available at ), and includes all of Canada’s major banks and credit unions. Millions of Canadians do most or all of their banking using the online services of their particular financial institution. The options open to taxpayers who must make a payment to the taxman are set out below. There are, in fact, no fewer than seven separate options available to individual residents of Canada in paying their taxes for the 2017 tax year. Perhaps not surprisingly, the CRA tries to make it as easy as possible for taxpayers to remit what they owe, by providing a wide range of methods by which payment can be made. No exceptions and, absent extraordinary circumstances, no extensions. This year, that means that individual income taxes owed for 2017 must be remitted to the Canada Revenue Agency (CRA) on or before Monday, April 30, 2018.
Income tax owed for a year must be paid, in full, on or before April 30 of the following year.