by adminaccountantcpa | Aug 28, 2020 | Covid-19 Benefits
The rent subsidy program for small businesses was extended on July 31, 2020 to cover the month of August 2020. Tenants and landlords who initially applied for the period of April to July 2020 can now apply for August as well. The final date to apply for the rent...
by adminaccountantcpa | Aug 6, 2020 | Covid-19 Benefits
On July 27, 2020, the Canada Revenue Agency (CRA) announced that it will be extending the due dates for some returns and payments. The original extended due date was September 1, 2020 and a further extension has been granted till September 30, 2020. Filing Deadlines...
by adminaccountantcpa | Jul 30, 2020 | Covid-19
Here are the tax return due dates for individuals, corporations, partnerships, trusts and estates. Individuals T1 returns are normally due on 1st June (for employed individuals) and on 15th June (for self-employed individuals). However, because of the pandemic, the...
by adminaccountantcpa | Jul 6, 2020 | Covid-19 Benefits
Important Updates The most important update to the Canada Emergency Wage subsidy program is that it’s been extended till August 29, 2020. Originally, the program was available from March 15, 2020 till June 6, 2020. The Canada Revenue Agency (CRA) will introduce a...
by adminaccountantcpa | Jul 2, 2020 | Covid-19 Benefits
The Canada Emergency Business Account (CEBA) offers partially forgivable, interest-free loans to small businesses that have experienced a decrease in revenue due to the Covid-19 pandemic. The amount of the loan is up to $40,000 and is provided to businesses to cover...