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…
Trudeau announces increased wage subsidy, GST payment deferral, interest free loans for small busines.
Details on these programs are still developing, but this is the announcement this morning. Will keep you posted as I find out more: COVID-19: Trudeau announces increased wage subsidy for businesses
Corona virus precaution
NOTE: Due to potential health concerns, we are offering our clients the convenience of using our secured email portal to send and receive tax information. Check out the “Client Portal” tab and click on the e-Courier logo to setup your free secured email account. Contact our office if you have any questions.
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…
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 –…
Taxpayer relief deadline is December 31, 2012
Ottawa, Ontario, November 30, 2012… The Canada Revenue Agency (CRA) reminds taxpayers and all tax registrants that they have until December 31, 2012, to file requests under the taxpayer relief provisions for the 2002 tax year and any reporting period that ended during the 2002 calendar year.