Line 48500 – Balance owing

Your balance owing is due no later than April 30, 2025. Generally, the CRA does not charge a difference of $2 or less.
Do not mail cash or include cash with your return.

The CRA will charge daily compound interest on any outstanding balance from the day after the balance is due until your balance is paid in full.

Make your payment using:

• your Canadian financial institution’s online or telephone banking services
• the CRA’s My Payment service at My payment using your activated debit card fro ma participating Canadian bank or credit union with a Visa® Debit card or Debit Mastercard® logo (does not include credit cards)
• My Account, under "Accounts and Payments"
• pre-authorized debit (PAD) at My Account which lets you:
  • set up payments to the CRA from a Canadian chequing account in preset dates starting in five or more business days
  • pay an amount due, repay overpaid amounts or make instalment payments
  • view your account history and modify, cancel or skip a payment (for more information on PADs go to,
    Pay by pre-authorized debit)
• your credit card, Interac e-transfer or PayPal through one of the third-party serice providers for a fee
• a cheque or debit at your Canadian bank or credit union with a remittance voucher (available through My Account or by contacting the CRA)
• cash or debit at any Canada Post outlet across Canada for a fee if you have a remittance voucher with a QR code or a self-generated QR code

For more information, go to Payments to the CRA.

If you cannot pay your balance owing by April 30, 2025, go to Debt collection at the CRA to learn more about managing your tax debt or see Information Circular IC98-1R8, Tax Collections Policies.

Forms and publications

• Income Tax Package

Related topics

• Required tax instalments for individuals
• Due date for a balance owing (deadlines for deceased persons)