Payment arrangements

If you cannot pay your balance owing on or before April 30, 2012, we will accept a payment arrangement only after you have reasonably tried to obtain the necessary funds by borrowing or re-arranging your financial affairs. If the Canada Revenue Agency agrees that you are unable to make a full payment, an agent can develop a plan with you to help you pay your taxes. Call us at 1-888-863-8657 to discuss a payment arrangement. Our agents are available Monday to Friday (except holidays) from 7:00 a.m. to 11:00 p.m., Eastern standard time.

You may be able to make a preauthorized debit payment arrangement using My Account.

You may also make a payment arrangement through our TeleArrangement service by calling 1-866-256-1147. To use this service, you will need to provide your social insurance number, your date of birth, and the amount you entered on line 150 from your last return for which you received a notice of assessment. TeleArrangement is available Monday to Friday, 7:00 a.m. to 8:00 p.m., Eastern standard time.

We still will charge daily compound interest on any outstanding balance starting May 1, 2012, until you pay it in full.

Your failure to proceed with timely action to resolve your tax arrears can lead to serious measures by CRA including legal action such as garnishing your income or your bank account, or initiating other legal action such as seizing and selling your assets.

Tax Tip
Even if you cannot pay all of your balance owing right away, you should still file your return on time. Then you will not have to pay a penalty for filing your return after the due date. For more information, see Interest and penalties.

Forms and publications

• General Income Tax and Benefit Package - Guide, return and schedules

Related topics

• Paying your income tax by instalments
• Due date for a balance owing (deceased person)