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Is it possible to defer you tax payment?
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posted
April 29, 2021
9:31 PM
last updated
April 29, 2021
9:31 PM
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Is it possible to defer you tax payment?
Yes, you may pay in installments. As per Canada Revenue Agency (CRA): Payments to the CRA: If you cannot pay your debt in full, the CRA can help you set up a payment arrangement. A payment arrangement is an agreement with the CRA to pay your balance in several regular payments over a period of time.
If you owe an amount to the CRA, they will work with you to find the best way to pay your debt through a payment arrangement. You have to calculate your monthly income and expenses and determine how much you can pay for each period. Then, you have to contact CRA 1-866-256-1147 (given in the website) to plan the payments.
If you require further assistance please contact our phone support team or contact us directly on Facebook or Twitter.
December 23, 2021
9:41 PM