Pre-Authorized Debit Agreement with the CRA

with No Comments

pap-headerIf you have a balance owing for your 2016 income taxes, you can now authorize CRA to withdraw the funds from your bank account, on a specific date by providing your banking information on your income tax return. This is a great option for individuals always on-the-go, or on vacation at time of filing, as the payment will be automatically collected by the CRA on a specified date of your choice.

This is a one-time payment only and the CRA will not withdraw any other funds from your bank account.