CRA Taxes Owing

Today we're going to talk to you about CRA taxes owing.

Are you self-employed?

Do you owe money to the government that you don't have the funds to pay?

Did you know that you can pay that using the equity in your property? This is really important. There are actually the majority of lenders that will not allow you to use the equity in your property with a mortgage refinance to pay off existing CRA income taxes that are overdue.

However, we work with lenders that will. So you don't have to worry about paying high interest to the government about sitting on the funds that are owing to them and not paying your taxes. It is so important that those are kept up to date, and if you own a home, we can help. Give us a call if you have any questions.

If you have more questions, please reach out to our team.

Have a beautiful day.