Quote:
Originally posted by WiredGuy
Tell me you're paying monthly, because if you're quarterly too, I'm going to bitch to CCRA tomorrow.
WG
|
Are you *required* to submit monthly, or is it one of those typical CCRA bullshit deals where you get tagged interest on monies owed, but the actual tax amount doesn't *have* to be remitted until 3 months after filing (which can be up to 6 months after corporate year end)?
Personally, I don't have this problem... I lop 18.1% off of every cheque and send it to CCRA up front, get a nice fat return at the end of the year because of the overpayment (ignores expenses when I do it up front like that), then I roll that return into the following years taxes and just hold off paying any tax until the surplus is used up.
Heh, I gotta hang out here and talk tax more often. Finding out all kinds of interesting edge cases here.
