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Home  ->  Filing Your Return -> Business  -> Making Payments to Canada Revenue Agency

Making Payments To Canada Revenue Agency

My Payment

Canada Revenue Agency (CRA) has an online payment service called My Payment, for individuals and businesses, through which payments can be made directly from their bank accounts to CRA.  The service is available for many financial institutions.  Payments which can be made include:

CRA My Payment for Individuals

  • Individual income tax
    bullet Balances owing
    bullet Instalments
    bullet Payments on filing, to pay the amount owing when filing a T1 personal tax return
    bulletTax-free savings account (TFSA) excess contributions
  • Child and family benefits payment - make repayments for the following types of amounts owing:
    bullet Canada child tax benefits and related provincial/territorial programs
    bullet GST / HST credit, including integrated provincial programs
    bullet Universal child care benefit
    bullet Alberta family employment tax credit
    bulletOntario credits
  • CRA My Payment for Businesses

    Remittances can be made for payments on filing of returns, instalment payments, and other amounts owing for:

    bullet Goods and services tax / harmonized sales tax (GST/HST)
    bullet Payroll source deductions (includes reporting of gross payroll, etc. when making regular remittances)
    bullet Corporate income tax
    bullet Excise duty
    bullet Excise tax
    bullet Air traveller's security charge (ATSC)
    bullet Tax on insurance premiums
    bullet Softwood lumber products export charge
    bullet Nova Scotia Workers' Compensation Board payroll remittance
    bulletInformation returns penalty

    Non-Residents

    bullet Non-resident withholding tax - Part XIII
    bullet Regular remittance
    bullet Assessed arrears / penalty / interest / law cost remittance

    Your payment information, including your CRA account number (SIN, BN, etc.), is entered in the CRA My Payment website, without having to log into "My Account" or "My Business Account".  Once you have completed the information, you are transferred to the INTERAC® Online service, which then goes to the website of your banking institution.  There, you log in and confirm payment, and are then taken back to CRA's My Payment website, which provides a printable record of the transaction.

    The only fee for using this service will be a transaction fee, if any, charged by your financial institution.

    When payments are made through this service, there is no provision for paying at a future date.  The payment will be credited to your CRA account when it is made.  If the payment is made on a weekend or statutory holiday, it will be credited to your account on the next business day.  It may take one or two business days for the payment to be updated on your CRA account.

    Other Payment Options

    You can also use online or telephone banking provided by your financial institution to pay your taxes, the same way you can pay other bills.  With this method, it is usually possible to schedule your payment for a future date.  CRA has other options for you to pay amounts online, including pre-authorized debit.  See Make a Payment to the CRA below for the list of options.

    Taxes can also be paid in person at your financial institution in Canada, or by mail to CRA.

    TaxTips.ca Resources

    What if I Can't Afford to Pay the Tax I Owe? - Late Filing Penalties & Interest

    Canada Revenue Agency (CRA) Resources

    My Payment

    Make a Payment to the CRA

    Required tax instalments for individuals - requirements, calculation, due dates

    Paying your corporate income tax by instalments - requirements, special situations, due dates

    Unable to pay for individuals - contact CRA right away!

    Personal income tax debt collection - includes a payment arrangement calculator

    Revised: September 20, 2024

     

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