Corporation payments

Generally, corporations have to pay their taxes in instalments. The balance of tax is paid two or three months after the end of the tax year depending on your balance-due day.

Use My Business Account to request for an interest review, transfer of credit, refund, payment search, remittance vouchers, copies of notices and statements, customized statements, change of mailing instructions, inhibition of statements and return envelopes.

Topics

Make a payment to the Canada Revenue Agency
Make a payment, and learn about payment methods, collections, and transferring payments within your accounts.

Paying instalments
How much and when do you have to pay by instalments? Worksheets and examples to help you calculate your instalments.

Paying your balance of corporation tax
When is your balance of tax due?

Prepaying reassessments – Advance deposits
How can you reduce interest charges?

Managing your corporation account
Understand your statements and how to transfer amounts or get a refund.

Payment vouchers
What payment vouchers will we send you.

Avoiding penalties
Find out about different situations that may result in penalty charges.

Understanding interest
Find out when we charge or pay interest. Includes cancelling or waiving penalties and interest.

Paying on time
When we consider your payment made.

Forms and publications

• Guide T4012, T2 Corporation – Income Tax Guide
• Guide T7B-CORP, Corporation Instalment Guide

Date modified:

2017-02-07