Covid 19 Benefit Update 072021 – CRB
Changes to CRB amounts and eligibility period limits: apply for a total of 25 periods & Payment amounts will change to $600 ($540 after taxes withheld).
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Service Update Regarding COVID-19
The well-being and safety of our customers and team members remain our main priority.
We are following guidance from the local health authorities to plan for and monitor the situation regarding COVID-19. While we are currently maintaining our operations, we might implement a work from home policy when the government is recommended.
Latest Updates & Related Resources
Webinar: Real Estate Investing
Learn how to maximize your borrowing power & structure your portfolio in the most tax-effective way when building a large real-estate portfolio.
Canada Recovery Benefit (CRB): $500/ week, up to 38 weeks
The government of Canada would provide $400 per week for up to 26 weeks, to workers who are self-employed or are not eligible for EI and who still require income support and who are available and looking for work.
Canada Recovery Sickness Benefit (CRSB): $500/ week, up to 4 weeks
The government of Canada would provide $500 per week for up to two weeks, for workers who are sick or must self-isolate for reasons related to COVID-19.
How to Apply Canada Recovery Benefit (CRB): Extend 12 Weeks
If you are eligible for the Canada Recovery Benefit (CRB), you can receive $1,000 ($900 after taxes withheld) for a 2-week period.
Canada Recovery Caregiving Benefit (CRCB): Extend 12 Weeks
Canada Recovery Caregiving Benefit (CRCB): $500/ week, up to 26 weeks
Webinar: 2020 Personal Tax Changes & COVID-19 Government Benefits
Are you curious about what’s new for 2020 Personal Tax and how COVID-19 Government Benefits affect your personal tax?
Join the webinar with us and fill the form to save your spot today!
2020 Tax Season – Letter to Our Clients
Tax season is right around the corner, and it’s that time of the year to file your 2020 Canadian personal income taxes. Accounting Plus Financial Services is ready to help!
One-Week Waiting Period for EI: Temporarily Waive, Jan 31, 2021 to Sep 25, 2021
This funding is intended to provide parents and guardians with essential financial support for children and youth during these unprecedented times.
Parents and guardians will receive a one-time payment of $200 for each child up to grade 12, or $250 for each child or youth up to age 21 with special needs.
Highly Affected Sectors Credit Availability Program (HASCAP) Guarantee: Feb 1, 2021 to Jun 30, 2021
Businesses heavily impacted by COVID-19 can access guaranteed, low-interest loans of $25,000 to $1 million to cover operational cash flow needs.
Ontario Small Business Support Grant: Apply Now
Eligible small businesses will receive up to $20,000 through the new Ontario Small Business Support Grant. Applications are now open!
Canada Summer Jobs: Employers Can Apply Now
Not-for-profit employers are eligible to receive funding for up to 100% of the provincial or territorial minimum hourly wage. Public and private sector employers are eligible to receive funding for up to 75% of the provincial or territorial minimum hourly wage.
Ontario Support for Learners funding: Extend to Grade 12
This funding is intended to provide parents and guardians with essential financial support for children and youth during these unprecedented times.
Parents and guardians will receive a one-time payment of $200 for each child up to grade 12, or $250 for each child or youth up to age 21 with special needs.
BC Recovery Benefit: Apply on Dec 18, 2020
The BC Recovery Benefit is a one-time, tax-free payment of up to $1,000 for eligible families and single parents and up to $500 for eligible individuals.
Canada Emergency Business Account (CEBA): Guaranteed 60K loans with $20K forgiveness*: Dec 4, 2020 Update
Canada Emergency Business Account will provide interest-free loans of up to $60,000 to small businesses and not-for-profits, to help cover their operating costs during a period where their revenues have been temporarily reduced.
Canada’s COVID-19 Economic Response Plan
Dear Clients, We hope that you and your family are safe, healthy and managing as best you can during the current crisis. We understand that it has been an emotional and stressful time for everyone; however, Accounting Plus is here to assist you during these tough times. Please find details of our services regarding…
Ontario Emergency Assistance: Apply Now
Get short term financial support, Max $733/month if you are in a crisis or an emergency situation and don’t have enough money for things like food and housing.
Canada Emergency Rent Subsidy (CERS) – Apply Now
The Canada Emergency Rent Subsidy (CERS) would provide direct and easy-to-access rent and mortgage support directly to qualifying organizations.
Ontario’s Main Street Relief Grant: PPE support
The Government of Ontario is helping small businesses with the unexpected costs of PPE.
Ontario’s Property Tax and Energy Bill Rebates
Businesses that were required to shut down or significantly restrict services due to provincial public health measures (in areas with modified Stage 2 restrictions or categorized as control or lockdown) can apply for rebates, provided in the form of grants, to help with their fixed costs.
Canada Recovery Caregiver Benefit (CRCB)
The government of Canada will introduce the Canada Recovery Caregiver Benefit (CRCB) effective from September 27, 2020 for one year.
Changes to the Canada Student Loans Program
The Gov of CA changes to the Canada Student Loans Program (CSLP) to allow more students to qualify for support and be eligible for greater amounts.
CANADA UNITED SMALL BUSINESS RELIEF FUND: $5,000 for PPE
Successful applicants will receive a relief grant of up to $5,000. We intend to support local businesses of all kinds from across the country (from retailers to barbershops to farmers).
Canada Recovery Sickness Benefit
The government of Canada will introduce the Canada Recovery Sickness Benefit (CRSB) effective from September 27, 2020 for one year.
Sign Up for CRA Direct Deposit
You can now sign up for CRA direct deposit through many Canadian financial institutions’ websites. Register to get your payments faster and directly into your account. How to sign up 1. Online You can sign up yourself if you are registered for My Account. If you are not yet registered, why wait? My Account can help…
Send Service Call Back Request to Service Canada
If you have questions about EI or don’t know how to apply. You can fill the web form below and ask for a call back from Service Canada Web Form>>
Special one-time tax-free payment for certified holders of the Disability Tax Credit
Special one-time tax-free payment for certified holders of the Disability Tax Credit, up to $600.
How to Apply Canada Recovery Caregiving Benefit (CRCB)
Canada Recovery Caregiving Benefit (CRCB): $500/ week, up to 26 weeks
How to Apply Canada Recovery Sickness Benefit (CRSB)
The government of Canada would provide $500 per week for up to two weeks, for workers who are sick or must self-isolate for reasons related to COVID-19.
Employment Insurance (EI): Temporary Changes
Employment Insurance (EI): Temporary Changes – Eligibility changes as of September 27, 2020
Income Tax Payment Deadline: Sep 30, 2020
Canada Recovery Caregiving Benefit (CRCB): $500/ week, up to 26 weeks
Canada Emergency Commercial Rent Assistance (CECRA): Extend to Sep 2020
Canada Emergency Commercial Rent Assistance (CECRA): opens at 8:00 a.m. EST on May 25, 2020. Canada Emergency Commercial Rent Assistance (CECRA) for small businesses provides relief for small businesses experiencing financial hardship due to COVID-19.
Canada Emergency Student Benefit (CESB): Apply before Sep 30, 2020
Canada Emergency Student Benefit (CESB): eligible postsecondary students receive $1,250 a month from May to August, and if you are taking care of someone else or have a disability, that amount increases to $2,000 monthly.
Canada Emergency Response Benefit: until Sep 26, 2020
Wondering what COVID19 support is available to you? Check our website for details
Can I Still Apply for Canada Emergency Student Benefit (CESB)?
I forgot to apply for a previous period of CESB. Am I too late?
Canada Emergency Wage Subsidy (CEWS): What the changes are
Applications for claim period 5 (July 5 to August 1) will open August 17, 2020.
Canada Emergency Wage Subsidy: Gov pay 75% of salary: Extended to Dec 19, 2020
Canada Emergency Wage Subsidy that would cover 75 per cent of salaries for qualifying businesses, for up to 3 months, retroactive to March 15, 2020.
Canada Emergency Business Account (CEBA): Guaranteed 40,000 loans: Eligible Non-Deferrable Expenses
Canada Emergency Business Account will provide interest-free loans of up to $40,000 to small businesses and not-for-profits, to help cover their operating costs during a period where their revenues have been temporarily reduced.
Senior: Covid-19 Support – Issue on the week of July 6
One-time tax-free payments for seniors eligible for Old Age Security, the Guaranteed Income Supplement and the Allowances will be issued automatically the week of July 6.
COVID-19 Support Finder for your business.
Support for your business.
Find COVID-19 support and other programs and services.
CERB & EI Advice
If you applied to both Employment Insurance (EI) and CERB, it’s important that you keep track
CERB Has Been Extended
You will be able to apply to receive up to 24 weeks if you’re still unemployed and cannot find employment as a result of COVID-19.
Special one-time tax-free payment for Old Age Security and Guaranteed Income Supplement
The Government of Canada is providing a one-time tax-free payment of $300 for seniors eligible for the Old Age Security (OAS) pension, with an additional $200 for seniors eligible for the Guaranteed Income Supplement (GIS).
Return or Repay a Payment: CERB
If you need to repay a Canada Emergency Response Benefit (CERB) payment, you can do it with a few simple clicks using My Account. You can also mail a cheque or money order to the CRA.
Benefits payments for eligible Canadians to continue until Fall 2020
Benefits payments for eligible Canadians to continue until Fall 2020
Canada Emergency Student Benefit: Never Filed a Tax Return?
Are you a Canadian student or recent graduate applying for the Canada Emergency Student Benefit (CESB) but have never filed a tax return?
Find The Support You Need for Your Business
Find the support you need for your business by answering a few questions to get a personalized list of support.
Sign Up for Direct Deposit: So Get Your Money Quicker
Sign Up for Direct Deposit: So Get Your Money Quicker
Service Update about COVID-19
Accounting Plus will not be offering any in-person appointments, nor will be able to process physical documents in a timely fashion, until April 5, 2020.
Did you receive two separate payments of $2000 (CERB)?
You may have mistakenly applied for the CERB twice. Don’t worry, CRA will contact you shortly. Any other combination of payments means you were paid accurately.
Ontario: Child Support: $200 per child
Ontario: Child Support: $200 per child. Check our website for details
COVID-19 Support
Wondering what COVID19 support is available to you? Check our website for details
How to Sign on PDF form Electronically
Until August 31st, 2020, we will recognize a Form T183 or T183CORP that has an electronic signature as meeting the signature requirements of the Income Tax Act.
How To Register CRA MyAccount?
Want to apply Canada Emergency Response Benefit (CERB) but do not know how to register CRA MyAccount? Here is the instruction
COVID-19 Scam Alert!
If you get a text message saying you received a deposit for the Canada Emergency Response Benefit. Beware it is a scam!
Financial Support to Those Affected by COVID-19
Canada is providing financial support to those affected by COVID-19.
Personal Tax Deadline Extend: June 1, 2020
The deadline to file your income tax and benefit return was extended from April 30th to June 1st, 2020!
Financial Measures From Government of Canada in response to COVID-19
Financial Measures From the Government of Canada in response to COVID-19
Online Personal Income Tax Checklist
Provide your personal tax information to us in 4 steps.
- Enter your name and email to access the checklist
- Enter the related information
- Upload the related documents
- Click “Finish”
Can not complete at once? Don’t worry.
You will receive an email from PandaDoc and it would allow you to fill out the form later.
All changes will be saved automatically.
Secure Online Portal
Upload your tax documents through the portal below
Review the 2021 Personal Income Tax Checklist, gather your tax documents and information, and upload them through the secure portal below. We will review your files and contact you upon receipt of your tax documents. Follow-up questions and documents may be requested.
Please note, you will have the option to schedule a review meeting with us once you submit your tax documents and information via the portal.
