Direct deposit

You can have your income tax refund, as well as your GST/HST credit and Canada Child Tax Benefit payments (including any related provincial or territorial payments we administer) deposited directly into your account at a financial institution. If you want your Canada Child Tax Benefit payments deposited into a different account, you will have to send us, either with your paper return or separately, a completed Form T1-DD(1), Direct Deposit Request - Individuals.

To start direct deposit, or to change information you already gave us, complete the Direct Deposit Request on page 4 of your return. You do not have to complete this area if you already have direct deposit service and the information you already gave us has not changed. Your direct deposit request will stay in effect until you change the information or cancel the service.

If you are changing the account into which we deposit a payment, do not close the old account before we deposit the payment into the new account. If your financial institution advises us that you have a new account, we may deposit your payments into the new account. If we cannot deposit a payment into your account, we will mail a cheque to you at the address we have on file.

If you need help to complete the direct deposit information on page 4 of your return, or to cancel the service for one or more of these payments, contact us.

Line 485 - Balance owing

Attach to the front of your paper return a cheque or money order made out to the Receiver General and enter this amount on line 486. Do not mail cash. To help us credit your payment properly, please write your social insurance number on the back of your cheque or money order. If you attach a post-dated cheque, it may not show on your Notice of Assessment. To find out if you can pay by telephone or Internet banking, ask your financial institution.

Note
If you make a payment with a cheque that your financial institution does not honour (including a cheque on which you put a "stop payment") we will charge you a fee. Generally, this fee will be $15 for each returned cheque.

Making a payment arrangement - If you cannot pay your balance owing on or before April 30, 2000, you can make a mutually acceptable payment arrangement by contacting your tax services office. We will still charge daily compound interest on any outstanding balance starting May 1, 2000, until you pay it in full.

Tax Tip
Even if you cannot pay all of your balance owing right away, you should still file your return on time. Then you will not have to pay a penalty for filing your return after the due date. See "What penalties and interest do we charge?" on page 8 for details.