CRA to focus on collection efforts ahead of tax season, documents show
Global News
The federal minister in charge of the Canada Revenue Agency was told after the election that the agency planned to go full speed on collecting debts just in time for tax season.
The federal minister in charge of the Canada Revenue Agency was told after the election that the agency planned to go full speed on collecting debts just in time for tax season.
The briefing documents to Revenue Minister Diane Lebouthillier said the agency planned the full resumption of collection activities early this year.
The move was the last of four steps the CRA planned to take after it had to adjust its efforts given health and economic concerns linked to the COVID-19 pandemic.
As those concerns have waned, the agency and the departments it assists are readying for a bump in outstanding debts that will require extra effort to collect, particularly as tax season kicks up.
The tax filing deadline this year is set for May 2 because April 30 falls on a Saturday.
The revenue agency says a return is considered filed if it is received, or a paper filing is postmarked, on or before May 2.
The payment deadline, however, remains April 30 for anyone owing taxes. That date this year is also the deadline to pay any outstanding income tax debt from the 2020 tax year for anyone who qualified for interest relief.
Peter Fragiskatos, Lebouthillier’s parliamentary secretary, says the agency plans to keep its “people-centred” approach and work with those who face a tough time resolving their debts.
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