Line 48500 – Balance owing

Your balance owing is due no later than April 30, 2024. Generally, the CRA does not charge a difference of $2 or less.

Do not mail cash or include cash with your return.

New As of January 1, 2024, remittances or payments to the Receiver General of Canada should be made as an electronic payment if the amount is more than $10,000. Payers may face a penalty unless they cannot reasonably remit or pay the amount electronically. For more information, go to Payments to the CRA.

The CRA will charge daily compound interest on any outstanding balance starting May 1, 2024, until your balance is paid in full.

Make your payment using:

For more information, go to Payments to the CRA.

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