Andre Marques Accountant Ltd.
36 Park Lawn Road, Unit 5 M8V 0E5 Toronto, ON, Canada

We wish everyone a great Holiday!

As of December 4, 2020, CEBA loans for eligible businesses will increase from $40,000 to $60,000 Applicants who have received the $40,000 CEBA loan may apply for the $20,000 expansion, which provides eligible businesses with an additional $20,000 in financing All applicants have until March 31, 2021, to apply for a $60,000 CEBA loan or the $20,000 expansion

Why Bookkeeping is important? - Ensures Records are Up-to-Date - It helps a business owner or manager to know if the business is making money or losing money - Helps You Plan for the Future... - It helps the business reach a calculation of taxes to be paid and to file tax returns - Make it Easier to Get a Loan or Report to Investors Hire a Professional Bookkeeper and Get Your Weekends Back! Contact us: +1 (416) 538 3295

The Canada Recovery Benefit (CRB) gives income support to employed and self-employed individuals who are directly affected by COVID-19 and are not entitled to Employment Insurance (EI) benefits. The CRB is administered by the Canada Revenue Agency (CRA). If you are eligible for the CRB, you can receive $1,000 ($900 after taxes withheld) for a 2-week period. If your situation continues past 2 weeks, you will need to apply again. You may apply up to a total of 13 eligibility periods (26 weeks) between September 27, 2020, and September 25, 2021.

The Government of Canada has expanded the CEBA Program to support small businesses. CEBA has been extended to December 31, 2020 A future expansion of the program will enable businesses eligible for CEBA loans (and that continue to be seriously impacted by the pandemic) to access an interest-free loan of $20,000, in addition to the original CEBA loan of $40,000. This expansion will also be available to new CEBA applicants. We will share more details as they are announced by the government.