May 17, 2007

A New GST/HST Processing System

The Canada Revenue Agency (CRA) has issued a news release announcing that the CRA has enhanced its GST/HST processing and is placing a new system into operation.

"These improvements build on the shared commitment of National Revenue Minister Carol Skelton and the CRA to reduce the compliance and paperwork burden for Canada’s small businesses as outlined in the recent report from the Action Task Force on Small Business Issues www.cra.gc.ca/atfreport."
"The modernization of the processing of GST and HST will enable CRA to expand its services to businesses, and improve compliance."

"Starting now, GST/HST registrants can use the CRA’s My Business Account www.cra.gc.ca/mybusinessaccount and Online Requests for Business www.cra.gc.ca/requests-business to electronically ask the CRA to perform certain actions on their account."

For more information, see:
http://www.cra-arc.gc.ca/newsroom/releases/2007/may/nr070516-e.html

Posted by Taxes.ca Editorial Team [permalink]

TAXES.CA provides taxation and personal finance information. The view and opinions expressed by authors in our postings are not necessarily those of TAXES.CA. Information on this site should not be construed as investment advice. For taxation and financial planning advice users are advised to consult a professional. For additional information visit TAXES.CA's Terms of Service.