Tax Tip: Reduce Your Tax Bill-Increase Your Tax Deducted at Source

(firmenpresse) - OTTAWA, ONTARIO -- (Marketwired) -- 04/22/13 -- Did you know?

If you owe tax at filing time each year, you can take steps to reduce your net tax owing. You can do this by having tax -- or more tax -- deducted at source from certain types of income.

Important facts

-- You can ask to have tax, or more tax, deducted at source from employment income, pension benefits from an employer-sponsored pension plan, and old age security or Canada Pension Plan benefits.

-- To have income tax deducted from old age security or Canada Pension Plan benefits, send a completed to your . You can get this form online at or by calling 1-800-277-9914.

-- To have tax withheld from employment income or from pension benefits from an employer-sponsored pension plan, provide a completed to your employer or pension plan administrator. You can get this form online at or by calling 1-800-959-2221.

Paying online

If you have a balance owing for this year's tax-filing season, you can save time by paying online. You can pay online using your financial institution's online banking service or using the Canada Revenue Agency (CRA) service, which allows you to make one or more payments in one simple online transaction. For more information on payment options, go to .

Stay connected ()

To receive updates when new information is added to our Web site, you can:

-- follow the CRA on Twitter - ;

-- subscribe to a CRA ; and

-- add our to your feed reader.

You can also watch our tax-related videos on .



Contacts:
Noel Carisse
Media Relations
Canada Revenue Agency
613-952-9184

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Bereitgestellt von Benutzer: Marketwired
Datum: 22.04.2013 - 14:29 Uhr
Sprache: Deutsch
News-ID 251366
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OTTAWA, ONTARIO

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