What is CRA My Business Account, and do I need it?
It’s CRA’s online portal for your business accounts — balances, filings, mail, and payment arrangements. Every incorporated owner should have access, even with an accountant on file.
My Business Account is CRA’s portal for everything attached to your business number: corporate tax, HST, and payroll accounts in one place.
What you can actually do there
See balances and instalment requirements, read CRA mail the moment it is issued (paper arrives weeks later), file some returns, set up payment arrangements, and authorize your accountant as a representative — the authorization that lets a firm like taxifi deal with CRA for you.
Why you want it even with an accountant
Access is control. If a refund stalls, a letter lands, or you need to verify something at 9 p.m., you can look yourself. Owners who cannot see their own CRA accounts are trusting; owners who can are informed.
Setting it up
Register on CRA’s site with your credentials (or a sign-in partner), tie your identity to the business number, and complete CRA’s verification step. Do it before you need it — verification codes take time to arrive, and emergencies do not wait.
This is general information, not tax advice for your situation. Book a call and a Canadian accountant will give you the answer for your business.
Common questions
Is My Business Account different from My Account?
Yes. My Account is your personal tax portal; My Business Account covers the business number's accounts. Incorporated owners generally want both.
If taxifi is my representative, do I still need my own access?
Yes — representative authorization lets us work for you, but your own access is your window and your control. The healthy setup is both.