TAX TICKLERS… some quick points to consider…

  • The Canada Emergency Business Account (CEBA) application deadline (for either the $20,000 extension, or the full $60,000) has been extended from March 31 to June 30, 2021.
  • If you missed out on the 2020 COVID-19 enhanced GST credit or Canada child benefit, because no 2018 tax return was filed, you can file it now to get retroactive benefit payments.
  • The Canada Recovery Benefit (CRB), Canada Recovery Caregiver Credit (CRCB), and Canada Recovery Sickness Benefit (CRSB) are not available to individuals during mandatory quarantine or self-isolation following a return from international travel, effective January 3, 2021.

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