Region: Ontario
Area of Law: Tax Law
Answer # 3737
Area of Law: Tax Law
Answer # 3737
What is a Notice of Assessment (NOA)?
Region: Ontario Answer # 3737After you file your annual income tax return you will receive a Notice of Assessment (NOA) from the Canada Revenue Agency (CRA). The NOA is an evaluation of your tax return after it has been processed and assessed by CRA.
Your NOA includes:
- the date CRA processed your tax return;
- a tax assessment summary detailing the lines on your return;
- an account summary detailing how your return was assessed and how much you may owe, or how much you may get as a refund or credit;
- an explanation of changes and other important information;
- your RRSP deduction limit statement; and
- other information (e.g. what to do if you have new information or if you want to file a dispute)
Your NOA may also contain:
- Home Buyers’ Plan (HBP) statement
- Lifelong Learning Plan (LLP) statement
- First Time Savings Account (FFSA) statement
- Remittance Voucher
If you disagree with anything in your NOA, you have 90 days from the date of the notice to file a Notice of Objection (Form T400A) with the CRA.
Get help
For advice and assistance with tax planning, a CRA tax dispute, or other tax issues, contact KPK Law.
Personal and business tax issues are vast and complicated. To get help, ask a lawyer now.
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