8 Bookkeeping Tips to Revamp your Business in 2016
If you almost have a heart attack when you file your taxes and find out you have a balance owing, you can send installments to CRA.
If you file annually and usually have tax amount owing or do not manage cash flow well, you can send installments for HST, Corporation Taxes, and Personal Taxes on a quarterly basis.
Please, check this link to learn more: http://www.cra-arc.gc.ca/instalments/
Alternatively, you can talk to your Bookkeeper or just call CRA; they will be able to help you.
“Reduce risks, pay on time, be efficient and save money and time” Renata Magalhaes
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