Tax Tip: Save Time – Pay Online!

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The following is now available on the CRA Web site:

Did you know…

… that you can quickly and securely send a payment to the Canada Revenue Agency (CRA) from your bank account?

The CRA’s new My Payment service can help both businesses and individuals simplify the process of making a payment to the CRA. Now you can click your way to instantaneous payments—no more accounting for outstanding cheques. This is an instant and immediate payment!

My Payment is provided through the Interac® Online service, and is available to most account holders with the BMO Bank of Montreal, Scotiabank, RBC Royal Bank, and TD Canada Trust.

Another benefit of using My Payment is that you can send one payment to cover amounts for any or all of your CRA accounts (both business and personal). Think about it: one transaction for all your accounts! What a time saver!

To use My Payment, or to find out more about the service, go to

® Trade-mark of Interac Inc. Used under licence.

Source: CRA Newsline


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