CRA Process and Compliance

CRA notice is a broad label for CRA communications, from assessments and review letters to balance messages and other account notices.

Filing deadlines set the last date a return or required filing must reach the CRA, which is not always the payment due date.

Instalment payments are in-year tax prepayments used when withholding is not expected to cover the final bill.

The Notice of Assessment is the CRA's first formal result after a return is processed, showing the assessed outcome and key carryforwards.

A reassessment changes an earlier CRA assessment after new information, a review, or an adjustment request.

A CRA review letter requests records or explanations before the CRA confirms or changes a filed amount.

Tax balance owing is the amount still payable after income, deductions, credits, and prior payments are reconciled.