On August 11, 2014, CRA released information regarding their online payment service which allows individuals and businesses to pay tax bills directly from their bank. This option can be used if the taxpayer has an account at one of the following financial institutions:
- BMO Bank of Montreal (personal only)
- RBC Royal Bank
- TD Canada Trust
- Envision Financial
- Libro Credit Union
Transaction totals are subject to the account’s daily or weekly limits as determined by the financial institution.
Action Item: Consider paying your tax bill online.