Understanding the importance of a seamless My Business Account setup with the CRA is crucial. To ensure a smooth registration process, follow these steps:
- Get Started: Visit the CRA’s sign-in services webpage and select “My Business Account” from the list of services.
- Initiate Registration: Scroll down to “Option 2 – Using a CRA user ID and password” and click on “CRA register.”
- Enter Key Information: Input your SIN and proceed by clicking next. Include your postal code, date of birth, and necessary tax information from a previous return. Click next to continue.
- Verify Details: Confirm the accuracy of your mailing address with the CRA before proceeding.
- Create Your Credentials: Craft a CRA user ID (8 to 16 characters) and a password (8 to 64 characters). Remember to include at least one upper-case letter, one lower-case letter, and one digit. Certain special characters are allowed.
- Security Measures: Choose and answer five security questions. Opt for multi-factor authentication through your preferred method (telephone or passcode grid).
- Enter Business Number: Provide your business number to complete the setup.
- Review and Agree: Go through the terms and conditions, enter your password, and select “I agree” to complete the initial registration.
- Await Security Code: Your registration is almost complete. Expect a security code in the mail. Once received, login to My Business Account using the CRA user ID and password created earlier. Enter the code when prompted.
- Finalize Account Access: Review and agree to the My Business Account terms and conditions for full access.
Remember, internal accountants and non-officer employees should avoid using the My Business Account system. Instead, they can create a CRA RepID to access company information through the Represent a Client system.
For added convenience, authorize us as your CRA representative through your My Business Account.
By following these steps, you’ll understand the My Business Account setup process, which is tailored to your needs and expertise with MLL Accounting.
| Steps | Details |
|---|---|
| 1. Get Started | Visit CRA's sign-in services webpage, select "My Business Account." |
| 2. Initiate Registration | Scroll to "Option 2," click "CRA register." |
| 3. Enter Key Information | Provide SIN, postal code, date of birth, and tax information. Click next to continue. |
| 4. Verify Details | Confirm accuracy of mailing address with the CRA before proceeding. |
| 5. Create Your Credentials | Create CRA user ID (8-16 characters) and password (8-64 characters) with specific requirements. |
| 6. Security Measures | Answer five security questions. Opt for multi-factor authentication (telephone or passcode grid). |
| 7. Enter Business Number | Provide business number to complete the setup. |
| 8. Review and Agree | Read and agree to terms and conditions. Enter password, select "I agree" for initial registration. |
| 9. Await Security Code | Expect a security code in the mail. Once received, log in to My Business Account using the CRA user ID and password. Enter the code when prompted. |
| 10. Finalize Account Access | Review and agree to My Business Account terms and conditions for full access. |