A CRA Business Account is an online service provided by the Canada Revenue Agency (CRA) that allows business owners and representatives to access and manage their tax information online. Through this account, you can view your business tax returns, manage payroll, handle GST/HST payments, and much more.
The CRA Business Account is a secure and convenient way to manage your business’s tax obligations, ensuring you have access to all necessary information and services at your fingertips.
Benefits of a CRA Business Account
Having a CRA Business Account provides several advantages for business owners and representatives:
Easy Access to Tax Information: View and manage all your business tax-related information online.
Manage Payroll and GST/HST: File and pay your payroll deductions, GST/HST, and other taxes directly through the portal.
Access to CRA Correspondence: Receive and respond to messages and notices from CRA through the secure portal.
Authorize Representatives: Authorize accountants or tax professionals to access and manage your CRA business account on your behalf.
Request Refunds and Adjustments: Easily request refunds or adjustments to your tax returns.
How to Register for a CRA Business Account
Registering for a CRA Business Account is straightforward. Follow these steps:
Once logged in, you can access all your business tax information and services.
For added security, ensure that you log out of your account and close your browser when you have finished your session.
Recovering Your CRA Business Account
If you forget your CRA user ID, password, or need to recover your account, follow these steps:
Go to the CRA Business Account login page and click on "Forgot your user ID?" or "Forgot your password?".
Follow the instructions to retrieve your user ID or reset your password.
If you cannot recover your account online, contact the CRA directly for assistance.
Make sure to keep your recovery information up to date to ensure you can always regain access to your account if needed.
Security Features and Best Practices
The CRA Business Account includes several security features to protect your information:
Two-Factor Authentication (2FA): You can enable 2FA for an extra layer of security when logging in.
Security Questions: Set up security questions that only you know the answers to, adding another barrier against unauthorized access.
Account Activity Monitoring: Regularly check your account activity to ensure there are no unauthorized changes or access.
Secure Logout: Always log out and close your browser when you finish using your CRA Business Account.
Follow these best practices to keep your account secure and protect your business information.
Pros
Convenient access to all business tax information
Ability to manage multiple tax-related tasks online
Secure communication with CRA
Ability to authorize representatives
Comprehensive account recovery options
Cons
Requires internet access and understanding of online systems
Potential for security risks if account is not properly managed
Limited support outside of CRA working hours
Dependence on receiving and entering security codes by mail for full activation
FAQ
What is a CRA Business Account?
A CRA Business Account is an online service that allows business owners and representatives to manage their tax obligations, file returns, make payments, and communicate securely with the CRA.
How do I register for a CRA Business Account?
To register, visit the CRA Business Account registration page, provide your business number and personal information, set up a user ID and password, and complete the registration by entering the security code sent to you by mail.
What should I do if I forget my CRA Business Account password?
If you forget your password, you can reset it by following the instructions on the login page. If you encounter issues, contact CRA support for assistance.
Is my CRA Business Account secure?
Yes, the CRA employs multiple security measures to protect your account, including two-factor authentication, security questions, and account monitoring. It is important to follow best practices to maintain the security of your account.
Video Guide
Glossary of Terms
Business Number (BN)
A Business Number (BN) is a unique identifier assigned to businesses by the CRA. It is used to identify your business and its tax obligations in the CRA system.
Two-Factor Authentication (2FA)
Two-Factor Authentication (2FA) is a security process that requires two forms of identification to access an account, typically something you know (like a password) and something you have (like a phone or security token).
CRA User ID
A CRA User ID is the unique username you create when registering for a CRA Business Account. It is used along with your password to log in to your account.
Security Code
A Security Code is a unique code sent by the CRA to your address after you register for a CRA Business Account. You must enter this code to fully activate your account and gain access to all features.
CRA Business News
Businesses – Tax information newsletter, Edition 2023-05 – December 21, 2023
This year, there have been many announcements about changes that will affect business taxes in 2024.
Businesses – Tax information newsletter, Edition 2022-01 – October 18, 2022
This Small Business Week, the Canada Revenue Agency (CRA) is recognizing the strength and hard work of small businesses as they continue to rebuild and grow.
The Canada Revenue Agency is hosting a free webinar to provide individuals and businesses with information on best practices for maintaining books and records.
As you are aware, the COVID-19 pandemic has resulted in many Canadian employees working from home to help minimize the spread of the virus. This has raised legitimate questions about how eligible employees can claim supplies and work-space-in-the-home expenses.
As you are aware, the COVID-19 pandemic has resulted in many Canadian employees working from home to help minimize the spread of the virus. This has raised legitimate questions about how eligible employees can claim supplies and work-space-in-the-home expenses.