Prepaying reassessments – Advance deposits

Author: External Author | | Categories: Tax Accountant , Tax Services

If you anticipate a reassessment to a previous tax year, you may choose to make a payment in advance (advance deposit) to reduce interest charges.

To make advance deposits, use Form RC159, Remittance Voucher - Amount Owing. For information on how to get this form, see Payment vouchers.

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Original Article Source Credits:   Government Of Canada ,

Article Written By:  NA

Original Article Posted on:  2021-01-07

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