OTTAWA, ONTARIO--(Marketwire - April 9, 2010) - The Honourable Keith Ashfield, Minister of National Revenue, Minister of the Atlantic Canada Opportunities Agency, and Minister for the Atlantic Gateway, would like to remind Canadians that My Payment, a new online service offered by the Canada Revenue Agency (CRA), helps to simplify the process of making a payment at tax time.
"As Canadians hear about the My Payment option, more and more people are taking advantage of this service." said Minister Ashfield. "My Payment's success speaks to the Canada Revenue Agency's ability to deliver online tools that ease the tax compliance burden for Canadians. Taxpayers and businesses are making the choice to remit payments through this self-serve option because it's convenient, safe, and easy to use."
The My Payment service was launched in October 2009. The number of payments made using My Payment has increased by an average of 41% each month since its launch.
Payments made on a business day using My Payment are recognized by the CRA as having been made on the same business day. Payments that are not made on a business day, such as on the weekend, will be recognized on the following business day.