Debt Relief FAQ : Income Tax and GST Debt | Sands & Associates

Consumer Proposals can include all debts to Canada Revenue Agency (formerly Canada Customs and Revenue Agency, Revenue Canada) including debt for personal income tax, GST, payroll remittances or corporate tax.

Consumer Proposals are the ONLY mechanism in Canada that can be used to settle government debts for less than the full amount owing, besides bankruptcy.

Filing a Consumer Proposal will also stop further interest from accumulating, and halt bank account freezes and wage seizures that Canada Revenue Agency may have in place.

After you file a Consumer Proposal, you will need to ensure that your tax filing obligations are kept up to date throughout the proposal.

Watch our short video: Can income tax and GST debt be included in a Consumer Proposal?