Form Rc 145 PDF Details

Form rc 145 is a form used to report cash payments and receipts. This information is reported to the Canada Revenue Agency (CRA) on a monthly basis. The form must be completed by all businesses that make or receive cash payments of $10,000 or more in a given month. Completing this form accurately is important for businesses as it helps the CRA ensure that tax obligations are being met. Filing late or incorrectly can lead to penalties and interest charges. For more information on completing form rc 145, please contact the CRA or consult their website.

QuestionAnswer
Form NameForm Rc 145
Form Length8 pages
Fillable?No
Fillable fields0
Avg. time to fill out2 min
Other namesrc145 request to close, revenue canada form rc 145, rc 145, form rc145

Form Preview Example

Canada Revenue

Agence du revenu

RC145 E (11)

Agency

du Canada

 

Request to Close Business Number (BN) Program Accounts

NOTE: In this form, the text inserted between square brackets represents the regular print information.

Use this form if you want to close one or more of your business number (BN) program accounts. If you have other BN program accounts you wish to close, or if you have questions call us at 1-800-959-5525. Send this completed form to your tax centre. The tax centres are listed at www.cra-arc.gc.ca/cntct/tso-bsf-eng.html.

Part A – Client Identification

Name

Business number

RC145 – 1

continue on next page

Trade name (if different from legal name)

Mailing address

City

Province/Territory

Postal code

Contact person

Title

Area code

Telephone number

RC145 – 2

Part B – Cancelling your registration for goods and services tax/harmonized sales tax (GST/HST)

Tick the appropriate box to show which GST/HST account this applies to:

RT0001

RT0002

or RT

(enter your account number)

Please state why you no longer need to be registered for GST/HST.

Cancellation date

 

Year

Month

Day

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Note: If you are a small supplier, you must have been registered for GST/HST for at least 12 months before you can cancel your registration.

continue on next page

RC145 – 3

You have to send us any returns, remittances, or balances owing up to and including the cancellation date.

Will you be transferring your business assets to

 

another GST/HST registrant?

Yes

 

No

If "Yes", you may be eligible to elect jointly with the purchaser to transfer the property with no tax payable. You and the purchaser must file

Form GST44, "Election Concerning the Acquisition of a Business or Part of a Business".

If you hold property for consumption, use or supply in commercial activity when you cease to be a registrant, we consider that immediately before that time, you disposed of each property (other than capital property) at its fair market value, and that you collected GST/HST on that amount. You have to remit the GST/HST on your last GST/HST return. Specific rules apply to capital property. For more information, contact us at

1-800-959-5525.

RC145 – 4

Part C – Closing your payroll account

If you prefer to close your payroll account online, you or a representative can use the "Request to close payroll account" service in My Business Account at www.cra.gc.ca/mybusinessaccount.

Tick the appropriate box to show which payroll account you wish to close:

RP0001

RP0002

or RP

(enter your account number)

Please state why you no longer need your payroll account. If it is for the same reason as you stated in Part B on page 3 [above], tick this box.

continue on next page

RC145 – 5

Closing date

Year

Month

 

 

Day

Note: You have to remit any money deducted or withheld at source within 7 days. You have to send us the necessary T4 slips and T4 Summary within 30 days of the day your business ends.

Part D – Closing your corporation income tax account

Do not use this form for a corporation that has amalgamated or that plans to amalgamate. If you need information about amalgamating and closing an account, call us at 1-800-959-5525.

Tick the appropriate box to show which corporation income tax account you wish to close:

RC0001

RC0002

or RC

(enter your account number)

RC145 – 6

Please state why you no longer need your corporation income tax account. If it is for the same reason as you stated in Part B on page 3 [above], tick this box .

Closing date

Year

Month

 

 

Day

Note: You have to file a corporation income tax return up to the date of dissolution. Send us a copy of the instrument confirming the dissolution (for example, the certificate of dissolution or the letters patent of dissolution) with your request to close your corporation income tax account.

continue on next page

RC145 – 7

Part E – Certification

I certify that the information given on this form and in any attached documentation is, to the best of my knowledge, true, correct, and complete, and that I am the client or that I am authorized to sign for the client.

Print your name

Signature

Title

Year

Month

Day

"Privacy Act", Personal Information Bank number CRA ACB 285.

RC145 – 8