Statements

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Statements

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Information about the statements

We issue statements of interim payments on a periodic basis. This statement shows interim balances carried forward from previous statements, plus the details of any credit activity that occurred during the statement period.

All information is displayed by reporting period. Interim information shows you the balance of instalment payments for each reporting period for which we have not processed a return.

Review the Statement of Interim Payments to make sure we have applied your payments correctly. Keep the statements with your records for future use.

The Statement of Arrears is issued upon request.

Transferring payments

You can transfer a payment online within a program account and between program accounts of the same nine-digit business number and immediately view the updated balance. See Transferring instalment payments.

Account balance and activities

At any time, you can view your interim balance, account balance, and transactions using the "Account balance and activities" service. You can also select a customized view to see account transactions for a time period of your choice. Go to:

Online requests for statements and remittance vouchers

You can use the "Enquiries service" to make an online request for:

  • customized statements for a time frame of your choice;
  • copies of notices or statements;
  • stopping or restarting the mailing of statements, remittance vouchers and/or return envelopes; and
  • remittance vouchers.

Go to:

Statement of interim payments

The statement of interim payments is issued every six months for corporations when there has been interim activity. It is used to:

  • acknowledge receipt of interim payments;
  • show credit movement (transfers in or out);
  • show the application of interim credits to assessments;
  • provide interim credit balances by period(s); and
  • provide the grand total balance across all interim periods.

If you are currently using Form RC160, Interim Payments Remittance Voucher, to make your instalment payments, we will continue to supply additional forms with your statement.

The instalment credits we show on your statement of Interim payments for each tax year should agree with your records. If there is a discrepancy between the amount you report on your corporation income tax return and the
interim balance in your business account, we will use the amount in your business account for the tax year being assessed when we process the return and we may refund the difference. If you return the refund, we will credit the account using the date that we received it.

You can view your instalment payments using the “Account balance and activities” service at:

Statement of arrears

The customized statement of arrears is issued upon request. The statement shows all amounts assessed and charged to your account for a particular reporting and/or non reporting period. It is used to:

  • acknowledge receipt of arrears payments;
  • show all other transactions posted to assessed and non reporting periods (for example, (re)assessments and transfers);
  • provide processed balances by period; and
  • provide the grand total balance across all processed periods.

Registering an alternate address

You can have statements and any notification of returned payment sent to either:

  • your program account mailing address; or
  • your business' physical location; or
  • the mailing address we have on record for your business number.

You can register an alternate address for a definite or indefinite period, effective immediately or in the future.

Manage addresses online

You can change the address we have on file for the physical location of your business, mailing address, as well as the location of your books and records at:

Forms and publications

Date modified:
2017-02-07

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