An Important Message to Our Clients About COVID-19

| Posted by L&A 0

Canada Revenue Agency (CRA) has announced new programs today, which include:

  • The extension of the personal tax filing deadlines to June 1, 2020 along with new support programs and tax payment deferrals available to individuals.
  • If you expect to receive benefits under the GSTC or Canada Child Benefits, CRA encourages you not to delay the filing of your return to ensure your entitlements for the 2020-21 fiscal year are properly determined.
  • Additional support programs and tax payment deferrals to support Canadian businesses facing financial hardship as a result of the COVID-19 pandemic.

Link for more details: https://www.canada.ca/en/department-finance/economic-response-plan.html

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