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Business tax information just got clearer!

business-tax-informationThe Canada Revenue Agency (CRA) has announced that it has redesigned the correspondence it sends to Corporations regarding their business tax information, including individual Canadians, and Goods and services tax/harmonized sales tax (GST/HST) notices of assessment (NOA) and notices of reassessment (NOR). The CRA has made changes to how the notices are structured, designed, formatted, and written, making the information easier to read and understand.

The CRA has indicated in it’s press release that “simplified correspondence is part of the Government of Canada’s commitment to make the CRA more client-focused and more helpful by improving the ways the CRA communicates with Canadians, [including business tax information].”

Therefore, starting in October 2016, the CRA began sending out two new, simple, and easy to read notices of assessment (NOA and NOR) – one for Corporations business tax information, and one for GST/HST. The re-designed notices have the most important information on the first page, in a clear and simple format, including,

  • The most important information is clearly displayed with the account summary on the first page.
  • The text is easier to understand and includes only the most important information.
  • Additional electronic CRA services are highlighted, including Direct Deposit, My Business Account, and help for persons with visual impairments.

The NOA and NOR can be accessed through the My Business Account self-service portal.

To view the new notice of assessment and additional information, click here.

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Yosie Saint-Cyr, LL.B., Managing Editor

Managing Editor at First Reference
Yosie Saint-Cyr, LL.B., is a trained lawyer called to the Quebec bar in 1988 and is still a member in good standing. She practised business, employment and labour law until 1999. For over 17 years, Yosie has been the Managing Editor of the following publications, Human Resources Advisor, Human Resources PolicyPro, HRinfodesk and Accessibility Standards PolicyPro from First Reference. Read more
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