FREE Online Training Sessions - COVID-19 Business Benefits and Tax Considerations
Avail CPA is teaming up with Community Futures Lethbridge Region to bring you two free online tax information sessions that cover COVID-19 business subsidies and tax considerations.
Each session will be presented online, free of charge, and topics covered will include:
• CRA Reporting
• Tax Implications
• Loan Repayment Options
Canada Emergency Wage Subsidy
As a Canadian employer who has seen a drop in revenue due to the COVID-19 pandemic, you may be eligible for a subsidy to cover part of your employee wages, retroactive to March 15. This subsidy will enable you to re-hire workers, help prevent further job losses, and ease you back into normal operations.
Tuesday, December 8, 2020
Regional Relief and Recovery Fund (Canada Emergency Business Account)
The Canada Emergency Business Account (CEBA) provides interest-free, partially forgivable, loans of up to $40,000, to small businesses and not-for-profits, that have experienced diminished revenues due to COVID-19 but face ongoing non-deferrable costs, such as rent, utilities, insurance, taxes and wages.
Wednesday, December 9, 2020