Canada Revenue Agency

Canada Revenue Agency

October 23, 2007 14:37 ET

Revenue Minister O'Connor Announces New Online Service Additions to the Canada Revenue Agency's My Business Account

OTTAWA, ONTARIO--(Marketwire - Oct. 23, 2007) - Gordon O'Connor, Minister of National Revenue, announced the addition of several new features to the Canada Revenue Agency's (CRA) My Business Account suite of electronic services for businesses.

"Our Government continues to deliver on its goal to meet the needs of business taxpayers for faster, secure, and expanded online access to tax services," said Minister O'Connor. "We understand that small businesses are essential to economic competitiveness and we must do everything we can to help taxpayers meet their obligations. The new My Business Account services are a significant improvement in service delivery, and achieve some of the CRA's Action Task Force on Small Business Issues recommendations to reduce red tape for small businesses."

Judy Collyer, representative for the Certified General Accountants Association of Canada and a member of the Action Task Force on Small Business Issues agrees, "With CRA's My Business Account, my business clients can have at their fingertips the important information that they may need to make informed decisions."

My Business Account allows users to access a multitude of electronic services for businesses with a single user ID and password. The new My Business Account services include:

- Authorize or manage representatives: a highly anticipated online service that allows business owners to authorize an employee, an individual, a firm or an individual of a firm to have access to their business account information, view information for a representative, and cancel or add authorization from a representative.

- View account balance and transactions: allows users to view transactions for an account's payment period end or for a customized timeframe.

- Nova Scotia Partnership: enables business owners to access their Service Nova Scotia and Municipal Relations and/or Workers' Compensation Board of Nova Scotia accounts by linking to the Nova Scotia Business Registry through My Business Account, without having to re-enter identification information.

- Softwood Lumber Products Export Charge: provides online access for softwood lumber export businesses to view transaction details, endorsements, account balance, correspondence, addresses and make online requests.

In 2008, the list of services offered through My Business Account will continue to grow, offering business owners and their representatives an increased range of personalized business information and services.

For more information about My Business Account, and the newest additions, visit www.cra.gc.ca/mybusinessaccount.


BACKGROUNDER

My Business Account - October 2007

As more and more Canadian businesses are using My Business Account, the Canada Revenue Agency (CRA) continues to expand its online services to meet the growing expectation of business owners for convenient and secure online services.

Starting October 2007, several new services will be available to business owners for accessing and managing their business tax information through CRA's My Business Account, saving them time and money by decreasing their tax compliance burden.

The new My Business Account online services will provide business owners with the following additional options:

- Authorize and manage representatives

Business owners can now authorize an employee, an individual, a firm or an individual of a firm to have access to their business account information, and view, add or cancel an authorization.

- View account balance and transactions

Users can choose (or select) a balance amount or the total balance to view account transactions for their account's payment period end or for a customized timeframe.

- Nova Scotia Partnership

Business owners who have a Service Nova Scotia and Municipal Relations and/or a Workers' Compensation Board account will be able to access the Nova Scotia Business Registry Internet Service from My Business Account.

- Softwood Lumber Products Export Charge

Softwood lumber export businesses can view transaction details, endorsements, account balance, correspondence, addresses, and make online requests for this account.

Security and Confidentiality

The CRA takes the security of all taxpayer information very seriously. We use sophisticated and proven security technology to protect our Web site and taxpayers' confidential tax information at all times.

Accessing My Business Account

Accessing My Business Account requires a Government of Canada epass and a CRA security code. Information about how to register can be found at www.cra.gc.ca/mybusinessaccount.

Information and assistance for Businesses

The CRA offers an e-service Helpdesk for businesses for assistance in using our online services. This service is available Monday to Friday from 9:00 a.m. to 6:30 p.m. Central Time, by calling 1-877-322-7849.

Contact Information

  • Canada Revenue Agency
    Beatrice Fenelon
    613-941-6269