What You Need To Know About The CRA Biz App
Whether you own a small scale business or an individual entrepreneur in Canada, if you got a My Business Account, the CRA BizzApp is an accessible tool for you. You can use your My Business Account credentials to gain access to the app.
CRA BizApp is a mobile application that allows you to make payments securely, review your account transactions, and enable you to monitor remittances and imminent payments. As per Canada.ca, the app offers an easy, secure, and faster way to obtain pieces of information that are frequently accessed.
In This Guide...
Things You Can Do With Your CRA Biz App
Below are some of the things that CRA BizApp offers:
Pay Online
The app enables you to pay any remittances on your payroll, nil remittance, including the quarterly bills of income taxes. In fact, the app recently offers several payment features such as:
My Payment – Allows you to secure payments in your mobile through utilizing the version of My Payment.
Viewing and submitting remittances – You can access payroll remittances and check your overall remittance accumulation via the page summary
Manage Return Status on Your Payroll – It enables you to view payroll accounts and ensure that you’re on track in terms of your business account balances.
Check and pay provisional balances – Allows you to pay GST/HST, as well as tax installments. You can also check your interim balance through CRA BizApp’s page summary
Making payments at Canada Post outlets in the form or cash or debit – This generates a QR code that is used in making payments through cash or debit.
Manage Accounts
The CRA BizApp lets you manage and inspect your accounts anywhere and anytime. It allows you to see your interim balances and access your messages, including your notifications. One of the recent features added this year is the returned mail indicator. Through this added feature, you can view relevant emails associated with your account. Besides with CRA BizApp, you can gain access to accounts such as:
- Payroll
- Excise duty
- Goods and services tax / harmonized sales tax (GST/HST), but not accounts administered by Revenue Québec
- Corporation income tax
Check Status
Managing your own business can be nerve-racking as you get to deal with several accounts at the CRA. The app lets review your accounts anytime so you an ensure that you keep track of the status of your accounts. Your account transaction history can also be check and your anticipated GST/HST returns. Besides, it also enables you to see the state of your deposited payroll and corporation income tax returns.
Reminders
The app can also send you reminders pertaining to projected payments and dues. You will have an option to choose which information you wish to add to your calendar or have it set up as a pop-up reminder. As per Canada.ca this feature includes:
Returns:
- GST/HST return
- T2 corporation income tax return
- T4 information return
- T5013 partnership information return
- Income tax and benefit return
Installments:
- Individual income tax
- Corporation income tax
- Goods and services tax / harmonized sales tax (GST/HST)
Remittances:
- Payroll
- GST/HST
Users
Most of the people in your industry can also gain access to your business information. These pieces of information comprise the owner of the business, corporate partners, the board of directors and the officers in your organization structure.
Moreover, for you to qualify, your SIN or social insurance number which incorporates your business has to be submitted with the CRA. This process may take a couple of weeks to structure. You can simply send an official or formal documentation or paperwork to determine the person(s) who is authorized for the tax centre.
Hours Of Operation
The time may vary as it depends where you’re situated. However, the app is accessible everyday between 6:00 AM to 3:00 AM EST. Should you wish to check further the business hours, you can see it here. Additionally, the CRA BizApp can be accessed via most smartphones and desktop. You can visit their website at https://www.canada.ca/en/revenue-agency/services/e-services/e-services-businesses/cra-biz-app.html, and log in with your credentials.
