Here's what small businesses need to know about the government's COVID-19 hardship measures

Jamie Golombek: Here’s how the program works, how to get the subsidy and more Here’s what small businesses need to know about the government’s COVID-19 hardship measures Jamie Golombek March 27, 20209:23 AM EDT Last UpdatedMarch 27, 20205:05 PM EDTFiled under Many small businesses, along with non-profits and charities, in Canada may be particularly hard-hit…

Tax filing and payment deadlines

As of the writing of this post, these are the current tax filing and payment deadlines: T1 personal tax returns – to be filed by June 1, 2020 except for the self employed, who have until June 15, 2020. Taxes to be paid by September 1, 2020. T2 corporate tax returns – those due after…

Interest rates for the fourth calendar quarter

Interest rates for the fourth calendar quarter The Canada Revenue Agency (CRA) announced today the prescribed annual interest rates that will apply to any amounts owed to the CRA and to any amounts owed by the CRA to individuals and corporations. These rates will be in effect from¬†October 1, 2017, to December 31, 2017. There…

Deadlines

Today, January 31, 2013 is the deadline for corporations with October year ends to pay their corporate taxes, and July year ends to file their corporate tax returns. ¬†Also, those companies with October year ends and December quarter ends have GST returns due, as well as all monthly GST filers. February deadlines: February 10 –…