Undergoing a Canada Tax Appeal With the Help of an Expert
Posted by support2 March 01 2014
Tagged Under : canada tax appeal, tax appeal, tax appeal Canada
We all know that CRA, the Canadian tax agency, are run by human and thus human can make mistakes. There is always the chance that there has been a mistake made and the figure you are required to pay is more than you think it should be. You will be able to make a Canada tax appeal if you feel you are not given the correct assessment figure, and then a process needs to be followed to challenge the authority that you believe is not correct in assessing your taxes.
In Canada, tax appeal will happen in one of two ways. It could be that once the objection has been received, the government will admit the error and issue a revision, or it could go to court. Once you put in a Notice of Objection, there is a 90 day wait and during this time there should be either a reassessment received or the original amount will be confirmed as correct. If the later happens it does not mean it is the end of it, but the following procedures could be worrying and hard to understand. If no response is received, you may still go to court. It is for this reason that there are companies set up who will be able to take the strain and make the appeal for you. They will do all the background work making sure that you do have a case, and then will go through the courts process.
If you feel you have been treated unfairly then it will be time to go to court. It is vital that there is someone with you who has a full understanding of the Canadian tax laws, and these can be very complex. In Canada tax appeal can be successful thanks to the knowledge of an expert, yet could fail if the process was carried out by a member of the public. It is not just the day in court that can be baffling, but also the pre hearing procedures.
You need to be aware that it can be a costly process and you have to be prepared to see the case through. It is here that your expert will be able to let you know that you have a good case, or whether you would be best to accept the previous decision. Their knowledge can save you a lot of wasted time and money. For the Canada tax appeal there will need to be detailed arguments made and it is by having such knowledge and experience required, the people you employ will put the best possible case together.
Your legal advisers will negotiate the best deal for you and will be in a position to know if you really are getting the best offer. It could be that the Department of Justice has to be involved and again it will be your advisers who carry out settlement negotiations. While the Canada tax appeal system may be fair, it will always be best to work with professionals and not go it alone.