Is there a way to pay your Canadian taxes over a period of time rather than all at onece?

I took a part time job last year to supplement my income and it turns out they did not take any taxes of my cheques and I was just hit with a 755 dollar tax assessment. I don't have that kind of money so I was wondering if anyone knew if you could arrange to pay it off over the year. HELP!!

Asked By: zissou - 3/22/2008
Best Answer - Chosen by Asker
Absolutely. You will owe interest, however, you should be able to make an arrangement... More
Answered By: CanadianBlondie - 3/24/2008
Additional Answers (3) isn't a problem Just contact the canada revenue dept, and set up a payment schedule, there may be interest, but they are interested in helping you pay
Answered By: bob shark - 3/22/2008
yes you can call the revenue agency and they will set up the payments for you but there will definitely be interest been there
Answered By: jane - 3/22/2008
Yes. You can either contact CRA and tell them you want to begin paying what are called "installments" which are quarterly "top ups" on the taxes you are projected to owe, or you can just dump a cheque off at a local office when you feel like it.
Answered By: John A - 3/23/2008
Sponsored results
Over 483 Local Jobs Now Hiring In Your Area. $18-$87/Hr - Apply Today!
Click. Search. Apply. Free!
Jobs hiring near your local area. Part-time, Full-time, Work at home.
Get Your Degree Online Sooner than You Think. Financial Aid Options

Other Career Questions

What is your current job? Why did you choose this job? What do you enjoy about your job? What do you dislike about your job? What would be your perfect job? Would you rather have this j...
3 answers - Asked By: drop pants not bombs!.♥ - 3/2/2010
Where are the jobs? Is productivity and globalization creating a permanent “recession” of jobs? My main issue is I am doing a paper for school and have no idea where to begin. I was hoping suggestions...
4 answers - Asked By: bayebd24【ツ】 - 11/21/2007
Hi ok im 19 and about to start college to do an acess course into a university. Ive been browsing through all the courses and im tottaly stuck! I thought politics but im scared ill end up with some r...
1 answers - Asked By: roseparkerly - 1/26/2009

Content is not owned or controlled by Monster. Any content concerns should be addressed with Yahoo!
Yahoo! Does not evaluate or guarantee the accuracy of any Yahoo! Answers content. Yahoo! Disclaimer.

Popular Articles

Best-Paying Work-from-Home Jobs Article Rating
It’s easier than ever to work from home. Of course, not every job is a mobile job, and some companies aren’t interested in having their employees work from home.
2013 Marketing Jobs Outlook Article Rating
The US may be facing another year of anemic hiring overall, but that won't be the case in the high-orbit world of multichannel, digital media marketing.
For Employers: Post Jobs | Search Resumes | Advertise
About Monster | Work for Monster | Advertise with Us | AdChoices | Partner with Us | Investor Relations | Social Media
Terms of Use | Privacy Center | Accessibility Center | Help | Security | Contact Us | Sitemap | Mobile
©2014 Monster - All Rights Reserved U.S. Patents No. 5,832,497; 7,599,930 B1; 7,827,125 and 7,836,060 MWW - Looking for Monster Cable? - V: 2014.1.40.24-209