The Canada Revenue Agency (CRA) has many collection policies for individuals, businesses and organizations that owe money to the crown. It’s their job to ensure that everyone pays the required amount of duties, taxes, fees or penalties – and the collection policies change based on evolving legislative provisions and requirements. This may sound complicated, but the good news is that the CRA has made every resource available to help you understand your rights and responsibilities when you deal with them. The following information will help the self-employed and employers understand their tax payment options – as well as the consequences imposed for neglecting the tax paying responsibilities i
When faced with the complications of tax filing and payment obligations, a lot of people would love to just stick their head in the sand like an ostrich and pretend they aren’t faced with the tribulations of this dry (and sometimes scary) subject. However, if you don’t take your obligation to file your taxes seriously, the Canada Revenue Agency (CRA) will catch up with you and make sure you come to heel. To help you understand the guidelines that the CRA has in place - Here is a general overview of a few of the collection policies that the CRA has for individuals/employees. This will help you understand your rights and responsibilities when you deal with the CRA; and perhaps reading this wil
