You've submitted your NR6 form. Congratulations—that's the first step toward keeping more of your rental income! But your obligations don't end there. Here's everything that happens next.
The Timeline After Filing
Week 1-2: CRA Receives Your NR6
Your form enters the processing queue. No action needed from you.
Week 3-6: CRA Reviews
CRA verifies your information. They may contact your agent if questions arise.
Week 4-8: Approval Letter
You receive written approval with your authorized withholding rate.
What to Do When You Get Approved
Send approval to your property manager
They need this to know your new withholding rate. Forward the CRA letter immediately.
Save a copy for your records
You'll need this when filing your Section 216 return.
Set a calendar reminder for Section 216
Due June 30 of the following year. Don't forget this—it's mandatory.
Your Ongoing Obligations
| Obligation | Deadline | What Happens If You Miss It |
|---|---|---|
| Monthly withholding remittance | 15th of following month | Penalties and interest |
| File Section 216 return | June 30 next year | NR6 may be revoked for future years |
| Renew NR6 for next year | December 31 | Back to 25% gross withholding |
The Section 216 Return
This is the most important follow-up. When you filed NR6, you made a legal promise to file a Section 216 return. This return:
- Reports your actual rental income and expenses
- Calculates your true tax liability
- Results in a refund (if you overpaid) or balance owing (if you underpaid)
Don't Skip Section 216
If you filed NR6 but don't file Section 216, CRA can deny your future NR6 applications. You'll be stuck with 25% gross withholding—permanently.
The Annual Cycle
Once you're in the NR6 system, here's your yearly routine:
- Jan-Dec:Collect rent, pay reduced withholding
- By June 30:File Section 216 for the prior year
- By Dec 31:File NR6 for the upcoming year
At NR6.ca, we send reminders before each deadline so you never miss a step. That's part of our service.
