Cashing an old GST Cheque
- Thread starter topoon
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I have a cheque from back in the day for 10 bucks. I wonder what the interests will be on that, I think it is like 15yrs old. I highly doubt that we will ever get the interest which has accumulated on that $10.00
Thevagabond is correct - federal cheques do not go stale-dated. Svtcobra: the gov't will not pay you interest on your $10. It was issued to you on time, it was your choice not to cash it.
Just some extra info if you have problems cashing it.
http://www.fcac-acfc.gc.ca/eng/consumers/BankInsurance/Cheques/ChequesInfo-4-eng.asp
I was being sarcastic with my comment. I know they will not do that, for $10.00 I just left it in income tax folder for that year lol...
I have a government check for UI dated Sept. 1983... $2.13! Only money I ever collected from UI... Its in a file somewhere... I was going to frame it... maybe someday I'll get a
What about the tax I'm forced to pay that I get back at tax return time? Theoretically they are holding my money against my will, then paying it back to me at 0% interest a year later.
I rather expected you were not being serious... however there are many out there who would have taken that as a serious question and called CRA to question it so I thought it prudent to post an answer.
Or even better... if the cashier refuses to acknowledge that Gov't of Canada checks don't staledate, ask for the manager and if they argue have them call CRA and let them tell the bank the facts.
GST: 1-800-959-1953, Income Tax: 1-800-959-8281 and CCTB/UCCB: 1-800-387-1193
Because if you send your old check to CRCD you will be looking at 4-6 weeks (minimum) to get a new check sent to you.
