04/01/2026
Confused by CRA letters? Here’s what they actually mean.
*Notice of Assessment (NOA)* is a statement from the government after you file your taxes, summarizing your income, deductions, and the final tax amount you owe or get refunded.
It also confirms any credits, benefits, or carryforward amounts you can use for future tax filings.
*Request for Information* is when the tax authority asks for extra documents to review your return.
Respond on time to avoid delays or issues.
*Notice of Reassessment* is an updated review of your tax return with changes to your income, deductions, or taxes owed.
It may increase or decrease your tax balance based on new or corrected information.
*Collection Letter* is a notice from the tax authority about unpaid taxes that need to be settled.
It outlines your outstanding balance and urges you to pay or arrange a payment plan.
Stay informed, avoid surprises, and handle your taxes with confidence. 📩💼
📞 To know more: 647-703-2505
[CRA, taxes, assessment, reassessment, compliance]
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