Prevent instalment penalties and interest

Date published: 2015-04-22

It’s now easier to comply with your instalment requirements by using CRA online services. CRA has introduced another cost-effective way for you to pay online that ensures your instalment payments are made on time.

To pay on time and prevent interest and penalty charges, go online and:
1. Calculate the required instalment payments and due dates.
2. Authorize the CRA to withdraw an amount from your bank account on your instalment due dates.

Compliance made easy.