Monthly net income and expense worksheet

The Monthly Net Income and Expense Worksheet allows you to determine if you are financially able to meet your payment responsibilities based on your current personal or corporate financial situation.

Access the worksheet

Schedule a series of payments

The payment arrangement calculator is available on the My Account and My Business Account secure portals. To see if you can use this option to pay your debt, go to Pay by scheduled pre-authorized debit (PAD) through CRA online services.

To see different payment schedules to pay your debt over time:

1. Login to My Account or My Business Account
2. Select "Proceed to pay"
3. Select "Schedule a series of payments"
4. Complete the fields on the screen and select "Calculate"

You can use the results to set up a pre-authorized debit (PAD) agreement to address your obligations. Be realistic when using these tools and think about all factors that may affect your ability to continue payments for the entire period.

If you are not able to schedule a series of payments online, you should contact us to set up a payment arrangement.

Disclaimer

Any amount you owe is payable immediately upon (re)assessment. If you cannot pay in full immediately, please use the worksheet, then create a PAD agreement online.

These tools are available for your convenience. The reliability of the results depends on the accuracy of the information you enter. PAD agreements may be subject to periodic reviews and you may be contacted by the CRA.

You must adhere to your PAD agreement, continue to file all returns on time, and stay up to date with your obligations.

After your transaction, there may be information stored in your computer’s browser cache. You should clear your browser cache to protect your information, particularly if you are using a public computer.