The latest financial news and accounting tips from KWB.
Find COVID-19 Benefits for Your Business
If you are unsure of which COVID-19 benefits are available for your business, CRA has a webpage that will will help you figure it out. In order to narrow your search, you will be asked the following questions on their webpage: Type of support you are looking for (e.g. support due to the effect of […]
CRA Offers Interest Relief on COVID Benefits
The Canada Revenue Agency (CRA) recently announced that they are offering relief on the interest charged on certain COVID benefits. Who is Eligible? You need to check ALL of the following criteria in order to be eligible: Your total 2020 taxable income was $75,000 or less You received at least one of the following COVID-19 […]
Canada Summer Jobs (CSJ) Program
The Canada Summer Jobs Program can cover up to 75% of your wages. If you are planning to hire between April 26th and February 26, 2022 and want to take advantage of the Canada Summer Jobs benefit, you have until Friday, January 29th to submit your application. Create a better future for Canadian youth The […]