Canada Revenue Agency

Canada Revenue Agency

March 11, 2010 12:05 ET

Tax Tip/The Magic of Magnetic Ink: Photocopies Just Don't Compute

Did you know...

OTTAWA, ONTARIO--(Marketwire - March 11, 2010) - … The slips that come with your statements (remittance vouchers) are printed with a special magnetic ink that allows them to be processed through the Canadian banking system?

If you make a tax payment at your financial institution or at an automatic banking machine, you must have the original voucher printed by the Canada Revenue Agency (CRA). The magnetic ink allows the processing equipment at your financial institution to clearly identify where the payment must be directed. If you provide a photocopied remittance voucher with your payment, it may be delayed or not applied as you intended. Always ensure you use only the original remittance voucher printed by the CRA.

If you lose or do not receive a remittance voucher, you may be able to request one electronically. For businesses, this can be done through Online Requests for Business at www.cra.gc.ca/requests-business or My Business Account at www.cra.gc.ca/mybusinessaccount, or you can call us at 1-800-959-5525. Individuals can call us at 1-800-959-8281.

Better yet- if you're looking for a fast, paperless option, why not pay using online banking?
The CRA's My Payment is a quick, easy, and secure way to pay online—instantly—from your account at a participating financial institution. For more information on My Payment, visit www.cra.gc.ca/mypayment.

You may also be able to pay electronically through your Canadian financial institution's telephone or internet banking services. For more information, see www.cra.gc.ca/electronicpayments, or contact your financial institution.

For general information about making payments to the CRA, visit www.cra.gc.ca/payments.

Contact Information

  • Canada Revenue Agency
    Caitlin Workman
    Media Relations
    613-941-6269