Notice Of Assessment - NOA
An annual statement sent by revenue authorities to taxpayers detailing the amount of income tax they owe. It includes the amount of their tax refund, tax credit and income tax already paid.
Investopedia Commentary
In Canada, each NOA will include the amount that a taxpayer is able to contribute to a Registered Retirement Savings Plan (RRSP).
Related Links
Registered Retirement Savings Plans
Determining Your Post-Work Income
See also: Canada Revenue Agency - CRA, Canadian Pension Plan - CPP, Capital Cost Allowance - CCA, Income Tax, Registered Pension Plan - RPP, Registered Retirement Savings Plan - RRSP
Also spelled: NOA