There are many reasons Canadians may be missing a cheque, or have not cashed their cheque from the Canada Revenue Agency (CRA). For example, people might have moved and not updated their address, the recipient might have died or believed the payment was issued to them in error, or the cheque might have been lost, stolen.
Cash your cheque as soon as possible, no need to worry if you have an old one. Government of Canada cheques don’t expire and can be cashed at any time, free of charge. For more information, visit the Financial Consumer Agency of Canada webpage on cashing your Government of Canada cheque for free.
What to do if you have a cheque for someone who has died
Give the cheque to the person managing the tax affairs of the deceased person, or return it to the CRA. If you are managing the tax affairs of a deceased person, deposit the cheque into the estate account and complete their final tax return: consult managing the final tax returns for someone who has died.
What to do if you need a replacement cheque
If your CRA cheque was lost, destroyed, stolen, or is missing, contact the CRA to request a replacement. The CRA will do a verification, which may include sending forms for you to fill out. A replacement cheque will be issued, if warranted.
Avoid future refund and benefit payment delays
Sign up for direct deposit to receive your tax refund and benefit payments directly in your bank account—it’s fast, easy, and secure.
Don’t forget to update your account information for direct deposit when you change financial institutions or bank accounts. Using My Account or My Business Account is the fastest way to do so! Make sure you give the CRA your new contact information when you change your address so that you get your tax and benefit correspondence. The MyCRA mobile application lets you manage your contact information at your fingertips!
There are many advantages to using the CRA’s online services. Use My Account to track your tax refund and check your benefit and credit payments. And you can do all of this from your mobile device using the MyCRA mobile application. For businesses, use My Business Account to access your GST/HST, payroll, corporation income taxes, excise taxes, and excise duties and other levies accounts.
For more information please contact us at Ashcroft & Associates at 250-334-3797.