How to pay CRA with “Tax Filing Services”

Preface

1. We assume you have a business banking account for your business.
2. We all know how to use personal online banking to pay our income taxes to CRA.
   • In case you don’t know, you could add CRA as the payee and use your SIN as the account number.
3. If you are self-employed and you will need to pay HST to CRA, the personal bank account may not help.
4. This video tutorial uses RBC as a demo; your bank’s interface with Tax Filing Service may vary.
5. There could be “sub-types” when selecting RC/RT payment types:
   • Payment on filing: with this option, you can actually file your RC/HST returns, followed by the payment.
   • Interim: use this option when you make an instalment (monthly, quarterly) payment.
   • Amount owing: use this option when you have received a Notice of Assessment or Notice of Reassessment indicating you owe CRA money.
   • Balance due: use this option when your payment is due prior to filing a return.

Video tutorial breakdown:

• 1:08 – Add payment type for RC (income tax) account and make payment
• 2:19 – Add payment type for RP (payroll) account and make payment
• 3:14 – Add payment types for RT (HST) account