Canada revenue agency online mail4/1/2024 ![]() ![]() See information about CRA penalties and interest rates. If you owe a balance and do not file your taxes on time, you will be charged a late-filing penalty and interest. The CRA's website has more information about how to make a payment. If you do not pay your balance on time, you will be charged interest. If this date falls on a Saturday, Sunday, or a holiday recognized by the CRA, you must send it on the next business day. If you owe a balance (greater than C$2), you must pay by April 30. ![]() You can expect your tax return in about 2 weeks if you used NETFILE, and 4 - 6 weeks if you filed it by mail. If you are owed a refund, you will get a direct deposit into your bank account. They may compare your return with information received from third parties, such as your employers and financial institutions. After you file your tax return the Canada Revenue Agency (CRA) will review the information you submitted and confirm the calculations are correct. ![]()
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