What is the CRA.s policy towards taxpayers who have not paid their taxes owed to the government by the tax deadline?
According to the Canada Revenue Agency: “to reinforce the fairness and equity of the self-assessment system for those tax debtors who pay their taxes on time, the CRA will take a firm and efficient approach when collecting outstanding accounts from tax debtors who do not pay their taxes” In most instances, the CRA will send out an initial assessment of the taxes owed to the Canadian government. After thirty days, if the amount has not been paid in full, the CRA will communicate with the debtor via telephone or mail asking for full payment of the outstanding tax debt. In addition, interest charges will be applied on a daily basis. Afterwards, if payment in full has not been made nor has an attempt been made by the tax debtor to make a payment arrangement with the CRA, then a final letter requesting for payment will be sent. In this letter, the individual will be informed that he or she has ninety days to pay the outstanding tax debt or arrange a payment plan with an authorized represent
