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Explore expert opinion, insights, news, and updates from the world of bookkeeping.
COVID-19 Update
CRA extends payment deadlines and offers interest relief on outstanding tax debts
The CRA is extending the payment due date for current year individual, corporate and trust income tax returns, including instalment payments, from September 1, 2020 to September 30, 2020. The CRA is also waiving interest on existing tax debts related to individual, corporate and trust income tax returns from April 1, 2020 to September 30, 2020 and from April 1, 2020 to June 30, 2020 for goods and services tax/harmonized sales tax (GST/HST) returns. For more information...
Bill C-20, An Act respecting further CoVID-19 measures, receives Royal Assent
On July 27 Bill C20, An Act respecting further COVID-19 measures, was passed by the Senate of Canada and subsequently received Royal Assent. Read our a summary of highlights and keypoints CPB Canada’s recent blog in The Buzz.
What are the top 3 concerns “post-peak period” or CoVID-19 for you and for your clients?
CPB Canada is looking to you to help it identify concerns of the bookkeeping community and its clients “post-peak period” CoVID-19 so that we can shape our advocacy efforts. If you could please take a few moments to answer this quick survey (3 questions) we would appreciate it. It will remain open until end of day Friday July 31, 2020.
CPB Canada COVID-19 Resources Page
You will find current and credible resources on COVID-19 programs, resources and more on our COVID-19 resources page on the CPB Canada website. The provincial and territorial page contains links to provincial and territorial re-opening plans and guidelines for businesses.