Tuesday, 10 June 2014

Appeal your Income Tax Notice of Assessment (filing a Notice of Objection) or Reassessment

If you have been reassessed and you do not agree with the Canada Revenue Agency's (CRA) assessment you should file a Notice of Objection.  A senior officer of CRA will review your case and ask you to make representations and either rejects the appeal, accepts it or allows part of the appeal. The appeal process is informal and you don't even have to present your arguments at when making the appeal.  The appeal can be done by yourself or your representative. What you should be mindful is the deadline for making the appeal.  The deadlines are as follows:

Individuals within 90 days from the issuance of the Notice of Assessment/ Reassessment or
up to the filing due date of the next fiscal year which ever is later.

So if you are appealing CRA's notice of assessment for 2013 which you received on 15 the of May 2014.  Your appeal date is the later of 15th of May +90 days (13th of August) or 30th of April 2015 whichever is later.  Therefore you have until 30th of April 2015 to submit your objection.

The case for corporation is only 90 days after the receipt of Notice of Assessment/ Reassessment.

for more information on taxation visit my website.


This blog is for general information only and cannot replace professional advice.
The reader is invited to contact the writer to discuss the contents of the newsletter.
Readers are advised to seek professional advice before acting on the material
in this newsletter

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