Can you make quarterly instalments to CRA instead of monthly?

Allan Madan, CA

Dec 13, 2013

0 Comments

In order to be eligible to make quarterly corporate tax instalments, you must meet several criteria including being in perfect compliance history and having taxable income of $500,000 or less in current or previous years. For exact eligibility criteria, please click here.

Disclaimer

The information provided on this page is intended to provide general information. The information does not take into account your personal situation and is not intended to be used without consultation from accounting and financial professionals. Allan Madan and Madan Chartered Accountant will not be held liable for any problems that arise from the usage of the information provided on this page.

ABOUT THE AUTHOR

ALLAN MADAN

CA.CPA.CGA

Allan Madan is a CPA, CA and the founder of Madan Chartered Accountant Professional Corporation. Allan provides valuable tax planning, accounting and income tax preparation services in the Greater Toronto Area.

Related Resources

More from my site

Business & Corporate Tax

Are all of my donations eligible for a tax credit (for individuals) or tax deduction (for corporations)?

Are premiums paid for Keyman Insurance tax deductible?

Is there a quarterly remittance requirement for GST/HST similar to Income Tax?

Can I add my spouse to my corporation, as a shareholder, for income splitting purposes?

U.S. & Cross Border Tax

I am a Canadian resident and have some funds in a U.S. 401K. What is the most tax efficient way of bringing these monies into Canada?

What are the tax implications for a Canadian business that earns income in the U.S.?

If I am a non-resident of the US, do I need a social security number to file taxes?

I’m a US business planning on selling products to Canadian customers. Do I need an extra-provincial license?

Personal Tax

I have very low or no income, do I need to file a tax return?

I have prepaid for a medical procedure that is not scheduled until next year. Can I still claim the medical expense for the prepayment this year?

Is an individual required to file a tax return in the year of their death?

Do I have to apply for the Child Tax Benefit and Universal Child Care Benefit?

Pin It on Pinterest

Share This