Here is a quick Tuesday update to remind you that Government Cheques will be going away very soon (April 2016), and you can easily sign up for direct deposit, if you can remember your on-line banking.
How hard is it? Let’s just walk through it for you.
First question to answer is, do you receive Government Cheques for any reason? You sure? Check this web page which has a list of all the different folks that can send you cheques, which include:
- Direct deposit for Employment Insurance
- Direct deposit for Canada Pension Plan (including Post-Retirement Benefit) and Old Age Security
- Direct deposit for apprenticeship grants
- Direct deposit for Canada Child Tax Benefit and for Universal Child Care Benefit
- Direct deposit for GST/HST credit
- Direct deposit for businesses and individuals (excluding benefit payments) receiving payments from ESDC
- Direct deposit for other Government of Canada programs and services
You sure you don’t receive any of these?
Next, congratulations! You have figured out you need to set up direct deposit (the first step to solving any problem is admitting you have a problem). How can you fix this? Click on any of those links above and you will be told how, however, let’s try a different way of doing things, let’s go to the CRA and check out how your Tax Refund might be done.
- Go to your CRA MyAccount page (link on that page). What the hell is a MyAccount? Don’t worry, you don’t need to create one, you can simply log in with your On-Line Banking credentials (if you don’t have on-line banking I would strongly suggest going to a Services Canada Office to set things up).
- Log into CRA My Account with your on-line banking credentials
- If you have done things right you will then be at a home page that will have many different and wonderful things you can do with the CRA. Select the Accounts and Payment tab
- Voila here is where you set up your direct deposit, or alter it so that it goes to a different account, or stop it from being deposited (although why you would do that I do not know).
It is just that simple people, so why haven’t you set it up yet? Get off your duff and do it!