Sometimes a phone call or meeting with Agency Officials can help iron out your problem and clarify the issues, though you may wish to put your request in writing. The next step is to contact the Canada Revenue Agency and request an adjustment. An hour spent with an expert tax lawyer or accountant will be well worth it, if as a result you can know whether the assessment is simply a clear application of the law, or whether you have a realistic chance on objection or appeal.
#The canada revenue agency professional
If the rules are clear, then no matter how much you dislike paying the extra tax, you may have no choice.ĭon’t hesitate to get professional advice at this stage. Sometimes, even though the rules seem unfair, they are being correctly applied. The first step is to make sure that you understand the rules of the Income Tax Act as they apply to your problem. Objections and Appealing Within the Canada Revenue Agency More commonly, the Agency assessor or auditor may simply not have understood the facts of your case. However, sometimes the Agency’s interpretation of the law is different from that of taxpayers, and can successfully be challenged. As such, the Canada Revenue Agency is bound by the law. The Canada Revenue Agency’s job is to administer and enforce the system. Similarly, the GST rules are enacted in the Excise Tax Act. The rules for our income tax system are set out in the Income Tax Act, as amended by parliament every year. What do you do if the Canada Revenue Agency issues you an income tax or GST Notice of Assessment (or Reassessment), and you believe the Agency is wrong and that you should not be paying so much? The Canada Revenue Agency’s RoleĪs you may know, the Canada Revenue Agency does not create the law.
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