Input tax credit mismatches are one of the most common reasons a small business gets flagged.
What this means for you
A common mistake is treating the first notice as the final word. Most CRA decisions have a formal review or objection path, and the deadline to use it is usually shorter than people expect — often 90 days from the date on the notice, not the date you opened the envelope.
What you can do next
- Read the notice in full before responding to anything
- Note every date mentioned, not just the one in bold
- Keep a copy of everything you send, including the envelope or email header
Reconciling GST/HST filings against bank deposits quarterly catches most errors before CRA does.