Posts by wilkinson
GST & HST Implications from COVID-19
When a supplier is required to collect the GST/HST on a product or service provided to a customer, the GST/HST is required to be remitted to the CRA based on when the GST/HST was considered to be collectible and not when the payment from the customer is actually received. This means that under the normal filing rules, the…
Read MoreCOVID-19 Relief Measures – Tax payment and filing deadlines
COVID 19 – Canada Emergency Response Benefit for Workers
The federal government’s new proposed legislation has provided details with respect to the previously announced emergency relief for workers that have lost their jobs or income due to the COVID-19 crisis. The government is still in the process of finalizing the application method. There are effectively two parallel benefits available: 1) through Employment Insurance (EI)…
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