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You may be eligible for a a number of measures designed to support business (in addition to the CERB). These include: -A 75 per cent wage subsidy for small- and medium-sized businesses as another option instead of the 10 per cent subsidy. The subsidy will be backdated to March 15. -The Canada Emergency Business Account: Banks will offer government-guaranteed loans of $40,000 to qualifying business. These will be interest-free for the first year. Under certain conditions, $10,...000 will be forgivable. -A deferral in GST and HST and duties and taxes on imports until June. Send me a quick message if you need any additional information.
It’s tax filing season. Here are a few tips for anyone that’s filing: 1. Family tax benefits- Make sure you are using your child care benefits, daycare benefits, spousal support and other caregiver benefits. 2. Medical expenses - If you were billed with medical expenses in 2019, you might be able to claim more than you think on your Canadian income tax return... 3. Take advantage of student loan interest tax deductions. 4. Lastly, Make sure you avoid late tax-filing penalties!!
Hello Folks, If you need to file a corporate tax return, look no further. We can get it done at very competitive rates. Call us or send an email today @ [email protected] and we’ll be sure to get back to you within 24 hours with the relevant information regarding your business tax return. See more
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