Individuals:

COVID-19 & Personal Taxes

Government of Canada

Extra time to file: T1- The filing due date for 2019 Personal Tax Returns has been extended until June 1, 2020.

 

Increasing the Canada Child Benefit this year: Note: Anyone who receives Canada Child Benefit (CCB), Goods and Services Tax credit (GSTC), or Old Age Security (OAS) are encouraged to file by April 30, 2020 to ensure their entitlements for the 2020-21 benefit year are properly determined.

 

Payments: CRA has further extended the payment due date for current year individual income tax returns, as well as for instalment payments, from September 1, 2020, to September 30, 2020. Penalties and interest will not be charged if payments are made and returns are filed by the extended deadline of September 30, 2020.

 

Audits- The CRA has resumed a range of audit work with adaptations to reflect the impacts of COVID-19. 

 

Disability Tax Credit- The Government of Canada announced a one-time $600 payment in recognition of the extraordinary expenses faced by persons with disabilities during the COVID-19. Eligible persons  are (1) individuals who have an existing valid Disability Tax Credit (DTC) certificate, (2) persons who are eligible for the DTC and who apply for it by September 25, 2020, and (3) some beneficiaries as of July 1, 2020. 

 

Canada Emergency Response Benefit (CERB)– CERB gives financial support to employed and self-employed Canadians who are directly affected by COVID-19. If eligible, you may receive $2,000 for a 4-week period (the same as $500 a week). Once the 4 week period has passed, and if your situation continues, then you will need to reapply for CERB. You may reapply for up to a total of 24 weeks. Note: CERB is a taxable benefit, meaning recipients must report any payments received on next year’s income tax return. A T4A tax slip will be made available for the 2020 tax year in CRA My Account under Tax Information Slips (T4 and more).

Canada Emergency Student Benefit (CESB)– CESB provides support to post-secondary students, recent recent post-secondary students, and high school graduates who are unable to fund work due to COVID-19. From May to August 2020, eligible students can receive payments of $1,250 for each 4 week period or $2,000 for each 4 week period if they have a disability or dependants.

 

Other programs include: Unemployment– Sick – Quarantined – Emergency Benefits – Mortgage – GST – Seniors – Students

 

 

The Province of British Columbia

BC Emergency Benefit for Workers

Climate action tax credit

Employers must excuse workers for sickness

Taking unpaid, job protected leave

WorkSafe resources