How to set up a CRA My Business Account
If you have a corporation, or a GST or payroll account as a sole proprietor, you need a My Business Account. From your account, you can:
- Update any information related to your business (name, address, banking information, etc.)
- View and file GST returns, payment transactions and GST instalment schedules
- View T slips that were filed and transactions made
- View notices of assessment for corporate tax returns filed and any account transactions and balances
The CRA’s My Business Account page has the full rundown on what you can do with this account.
How to set up a CRA My Business Account
The CRA has a nice video that gives you an overview of how to set up a CRA My Business Account for your corporation. We go into a little more detail below:
Step 1 - Go to CRA My Business Account website.
Scroll down to Option 2 - Using a CRA user ID and password and click the CRA Register link.
Step 2 - Start the registration application.
Have your business number and copies of your corporate and personal tax returns from the current and previous tax years ready. The applications will ask for specific information from these returns (e.g. entering the amount on Line 400). The line number amount requested will vary. It may be from the current tax year or the previous one.
Step 3 - Have your code sent to you by mail or email (if you select email, you will have to call the CRA, which can take a lot of time).
Receiving your CRA code by mail typically takes 10 business days. Make sure they have your current address on file. The CRA’s phone number is 1-800-959-5525.
Step 4 - Sign into your CRA My Business Account for the first time.
To access your account, go to My Business Account, scroll to Option 2 – Using a CRA user ID and password, then click CRA login and enter your CRA user ID and password. When prompted, enter your CRA security code.
Option 1 - Using one of our Sign-In Partners. Oftentimes, there can be complications in the bridge between the CRA site and your bank sign-in. So this is an option, but not the method we recommend.