Corporate income tax, GST/HST and payroll deductions debt collection

Author: External Author | Nov 25, 2020 | Categories: Accounting , Business Consulting , Chartered Professional Accountant , Corporate Tax , Personal Tax , Tax Accountant

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Paying your debt all at once, and in full, helps you avoid interest and other legal and financial consequences. However, if you cannot pay the full amount now, there are options for you. Ignoring your debt does not make it go away. The Canada Revenue Agency (CRA) will work with you to resolve your debt.

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Original Article Source Credits: Canada.ca , https://www.canada.ca/

Article Written By: NA

Original Article Posted on: 2020-10-16

Link to Original Article: https://www.canada.ca/en/revenue-agency/services/about-canada-revenue-agency-cra/when-you-money-collections-cra/corporate-debt.html