by cpiwebdesign | Apr 2, 2020 | Accounting & Assurance, Business Advisory, Taxation
On April 1, 2020 Minister of Finance, Bill Morneau provided further details on the Canada Emergency Wage Subsidy (“the Subsidy”), as follows: The Subsidy is available to businesses, both large and small, not-for-profit organizations and charities. The...
by cpiwebdesign | Mar 28, 2020 | Uncategorized
Ontario’s Action Plan to Respond to COVID-19 – Tax Aspects On March 25, 2020, the Ontario Government announced new tax relief measures in response to the COVID-19 pandemic. Temporary Increase to Employer Health Tax Exemption Businesses with less than $5...
by cpiwebdesign | Mar 27, 2020 | Uncategorized
On March 27, 2020, Prime Minister Justin Trudeau made a number of new announcements as outlined below. The Prime Minister unveiled that the government is going to be increasing the payroll subsidy in an effort to thwart layoffs due to COVID-19. This subsidy will now...
by cpiwebdesign | Mar 26, 2020 | Uncategorized
On March 25, 2020, the Ontario government announced a five-month relief period for Ontario businesses who are unable to file or remit select provincial taxes on time, due to the special circumstances caused by the coronavirus (COVID-19) in Ontario. This relief period...
by cpiwebdesign | Mar 26, 2020 | Uncategorized
Temporary Wage Subsidy for Employers – Expanded Definition of ‘Eligible Employer’ As you may be aware, on March 25, 2020 the Federal Government passed the legislation required to implement measures recently announced. Contained in this legislation is...
