If you owe any money on your 2019 taxes, today is the deadline to pay up, at least interest-free.
The deadline to file taxes was extended until June and final payments until now, due to the pandemic.
The Canada Revenue Agency will charge daily compound interest on any outstanding balance starting tomorrow, until you pay your balance in full.
Payment methods
You can pay your balance owing using one of the following methods:
- pay online by using your financial institution’s services
- pay online by using the CRA’s My Payment service at My payment
- pay by setting up a pre-authorized debit agreement using My Account
- credit card, e-transfer or PayPal through a third-party service provider
- pay in person, with cash or by debit, at any Canada Post outlet across Canada for a fee. To do so you will need a remittance voucher with a QR code or a self generated QR code. For more information, go to My payment
- pay in person at your financial institution in Canada. To do so, you have to use a remittance voucher, which you can ask for in My Account or by contacting the CRA
For more details on tax deadlines, please click here.
Paying your taxes by quarterly instalments? The following payment dates were extended due to #COVID19. Find the payment method that works for you: https://t.co/Kj66v7q1eP #CdnTax
➡️ June 15th
➡️ September 15th pic.twitter.com/kwb7qXDbxx— Canada Revenue Agency (@CanRevAgency) September 29, 2020