CRA adds new payment option

A hefty refund from CRA can soothe the sting of the annual filing ritual, but not everyone is so lucky. Some of us will have amounts owing; fortunately, there are several ways to pay that don’t involve licking stamps.

New for this year, CRA is accepting Visa Debit. Clients who have a debit card issued by a Canadian bank with a Visa Debit logo can visit the My Payment page on the CRA website and pay away.

Visa Debit cards are currently issued by CIBC, RBC, Scotiabank and TD.

Also read:

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Think twice before tossing old tax records

Tax breaks clients might not know about

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.