COVID-19 & Personal Taxes
Government of Canada
Returns has been extended until June 1, 2020.
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).