The magic of magnetic ink: photocopies just don’t compute

Did you know that the slips that come with your statements (remittance vouchers) are printed with a special magnetic ink that allows them to be processed through the Canadian banking system?

If you make a tax payment at your financial institution or at an automatic banking machine, you must have the original voucher printed by the Canada Revenue Agency (CRA). The magnetic ink allows the processing equipment at your financial institution to clearly identify where the payment must be directed. If you provide a photocopied remittance voucher with your payment, it may be delayed or not applied as you intended. Always ensure you use only the original remittance voucher printed by the CRA.

If you lose or do not receive a remittance voucher, you may be able to request one electronically. For businesses, this can be done through Online Requests for Business at Canada Revenue Agency or My Business Account at Canada Revenue Agency, or you can call CRA at 1-800-959-5525. Individuals can call CRA at 1-800-959-8281.

For more information, go to Canada Revenue Agency

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