Arrears interest

We charge arrears interest according to the prescribed interest rate. Arrears interest is compounded daily on any unpaid balance from the balance-due day to the date of payment.

We charge arrears interest on the instalment penalty from the balance-due day to the date it is paid.

If you have an amount owing, you can view a revised balance that includes interest calculated to a date you select by using the "Account balance and activities" service and selecting the "Calculate future balance" option using:

• Represent a client, if you are an authorized representative or employee; or
• My Business Account, if you are the business owner.

Forms and publications

• Corporation Instalment Guide (T7B-CORP)

Date modified:

2015-12-15