Assure Pay Tax Filing*
This solution gives Canadian Financial Institutions the ability to offer their business customers (corporate, commercial, SME and SOHO businesses) an online service for electronic tax filing and payment. The service can accommodate federal and provincial government taxes including GST, sales tax, payroll source deductions and other business taxes. In addition to handling tax filing and payment settlement, the relevant government tax reporting requirements are fulfilled.
For more information on Assure Pay Tax Filing, view our demo
Benefits
- Delivers detailed tax and payment information to governments electronically on a daily basis for fast system uploads
- Provides governments with a simpler, faster way to receive tax payments
- Reduces costs by eliminating data entry errors that often occur with manual re-keying
- Enhances cash flow management through an immediate payment application without postal delays
- One-stop return filing and payment saves businesses time and cost on tax-related transactions
- Through existing Internet infrastructures owned by financial institutions, our system can be deployed quickly with minimal investment in IT equipment, software development and support infrastructure
Features
- Transactions accepted and processed 24/7, with one-day settlement where allowed
- Transactions accepted via the Internet
- Payments can be future-dated to the due date, up to one year in advance
- Ability to view and cancel a future-dated transaction
- Payments are automatically executed based on customer-controlled due dates
- Ability to view payment history of transactions
- Debit files sent to financial institutions include transaction mnemonics to be displayed on the customer statements
- Built-in predefined handling for insufficient funds situations
- Translation and transmission of tax reporting information via EDI
- Tax filings made easy with the creation of profiles for each enterprise user
How does it work?
Business and corporate customers visit their financial institution's web site or a specific white labelled web site to register for the service. Once registered, when users access the service their tax profile is retrieved and selected tax forms are displayed. Users enter the required information, the content is validated and the user is then provided a confirmation number. The payment transaction is warehoused until the effective payment date, at which time payment instructions are transmitted to the financial institution and the transaction is completed. Detailed filing and payment information is sent to the appropriate government agency.
Tax transactions currently available with our service
| Source | Employee | Sales Taxes | Tax on revenue |
|---|---|---|---|
| Federal | Payroll Deductions | GST/HST Return GST/HST Remittance |
Corporate Tax Payments Personal Tax Installment (SOHO) |
| British Columbia | Social Service Tax | ||
| Alberta | Teachers' Retirement Payment Teachers' Association Payment School Employee Benefit Payment School Employee Health Spending Account |
Corporate Income Tax Fuel Tax Collectors Fuel Tax - Railway Companies Health Costs Recovery Tourism Levy Insurance Corporations Tax International Fuel Tax (IFTA) Propane Tax Collectors Tobacco Tax |
|
| Saskatchewan | Provincial Sales Tax | Liquor Consumption Tax Return Fuel Tax 10A Wholesaler Tobacco Tax Return Retailer Tobacco Tax Return |
Corporate Capital Tax Installment |
| Ontario | Employer Health Tax Family Resp. Office Payment |
Retail Sales Tax Return | Corporations Tax |
| Quebec | Payroll Source Deductions Collection of Support Payments |
Combined GST + QST Installment Combined GST + QST Remittance QST Installment QST Remittance GST Installment GST Remittance |
Corporation Remittance Income Tax Personal Installment Remittance (SOHO) |
| Nova Scotia | WCB of Nova Scotia Premium | ||
| Prince Edward Island | Vendor Return-Revenue Tax (PST) | 911 Cost Recovery Fee Return Financial Corporation Capital Tax Annual Financial Corporation Capital Tax Monthly Fuel Tax Return GeoLinc Plus Payment Remittance Property Tax Payment Remittance Property Tax Payment Remittance Vendor Return - Environment Tax Wholesale Tobacco Vendors Return |
* Can-Act Payment Services LP, an indirect wholly owned entity of Emergis Inc., a TELUS Company, is the prime service provider of government tax filing and payments services to financial institutions in Canada and offers white-labelled Assure Pay Tax Filing Services.
Call 1-888-709-8759 or send us an email
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