Ads keep this website free for you.
TaxTips.ca does not research or endorse any product or service appearing in ads on this site.  Before making a major financial decision you  should consult a qualified professional.

My Business Account TaxTips.ca
Canadian Tax and
Financial Information
TaxTips.ca Home

What's New

Links & Resources

Site Map / Navigation

Need an accounting, tax or financial advisor? Look in our Directory.  Use above search box to easily find your topic!   Stay Connected with TaxTips.ca!
Home
What's New
Calculators
Personal Tax
Business
Sales Taxes
Financial Freedom
Financial Planning
Registered Accounts
Real Estate
Investing
Seniors
Disabilities
Canada
Alberta
British Columbia
Manitoba
Ontario
Quebec
Saskatchewan
Atlantic Provinces
Territories
Federal Budget
Prov/Terr Budgets
Statistics etc.
Glossary
Site Map
Directory
Advertise With Us
Contact Us/About Us
Links & Resources
Business -> My Business Account

CRA My Business Account

My Business Account is an online service provided by Canada Revenue Agency (CRA), that allows you to manage tax-related information for your business.

This service allows management of GST/HST, payroll tax and corporate income tax.  You can view status of returns, account balances, transactions, correspondence, and banking information.   CPP/EI rulings can be requested, and payroll nil remittances can be filed.  For a more complete list of available services, see the CRA page What Can I do in My Business Account.

As announced in Excise and GST/HST News No. 83, since April 16, 2012, your business and its representatives are able to ask questions about your tax accounts online, and CRA will answer electronically, so you'll have the answer in writing.  Using the new service you can get answers to specific tax account-related questions for these business accounts:

bullet GST/HST
bullet corporate income tax
bullet excise duty
bullet excise tax
bullet excise tax on insurance premiums
bullet air travellers security charge
bullet softwood lumber products export charge
My Business Account can be used by
bullet Business owners, including sole proprietors, partners, directors and officers.
bullet Representatives, including employees, legal representatives (executors, powers of attorney, legal guardians), and other third-party representatives such as the firm's professional accountant.

CRA Pre-Authorized Debit (PAD)

The CRA pre-authorized debit option now appears when one logs into "My Business Account", but is not available in "Represent a Client".

Pre-authorized debit allows a user of "My Business Account" to authorize CRA to withdraw a pre-determined payment amount directly from the business bank account on a specific date.

The PAD system can be used to make many different payments, including payroll source deductions, GST/HST remittances, Part XIII non-resident withholding tax, and many other types of payments.

The payments to be made can be one-time payments or payments recurring on a regular basis.  The PAD agreement must be created at least 5 business days prior to the due date of the payment.

Once a PAD agreement is set up for a particular type of payment on a recurring basis, it can be modified, cancelled or skipped.  However, this must be done at least 5 business days prior to the scheduled payment date.

For more information see the CRA pre-authorized debit help menu.

CRA Online Mail Service

Using the online mail service in My Business Account, notices of assessment and reassessment and some letters can be received online for selected accounts including corporate income tax and GST/HST accounts.  Up to 3 e-mail addresses can be signed up for each account.

CRA Resources:

My Business Account - to register or log in.

Represent a Client - to register or log into your employer's or business client's account.

How do I register for Represent a Client.

Tax Tip:  My Business Account is an easy way to monitor your payroll, GST/HST and income tax accounts.

Revised: October 26, 2023

Copyright © 2002 Boat Harbour Investments Ltd. All Rights Reserved.  See Reproduction of information from TaxTips.ca

Facebook  | Twitter  |  See What’s New, stay connected with TaxTips.ca by RSS or Email
The information on this site is not intended to be a substitute for professional advice.  Each person's situation differs, and a professional advisor can assist you in using the information on this web site to your best advantage. 
Please see our legal disclaimer regarding the use of information on our site, and our Privacy Policy regarding information that may be collected from visitors to our site.