Challenging Times:
Navigating your way through the COVID-19 outbreak…
We have developed this resource link library to keep our clients up-to-date on the latest resources and information that might be of assistance during the strains of the pandemic. Updates and additions will be added ASAP when they happen.
I am also posting updates on government policies and programs as they are announced. See all updates on my FaceBook to stay up-to-date on all the latest information.
Kelly Melanson, CPA, CMA
April 9, 2020:
Kelly reviews the latest changes with the pandemic wage subsidy programs.
The Canada Emergency Wage Subsidy – go to site now
April 7, 2020:
Kelly shares some tips and cautions for those applying for CERB. If you are working from home during the pandemic, there are some possible tax claims you could make for ‘home office’ expenses.
April 4, 2020:
Kelly shares an online walk through of how to sign up for your My CRA account.
April 2, 2020:
Kelly clarifies and updates issues relating to the CERB based on FAQ’s from clients.
April 1, 2020:
Kelly’s discusses announcement for support to help organizations meet wages/salaries for staff during the pandemic.
March 28, 2020:
Kelly’s update on government announcement for EI subsidies or the CERB – Canadian Emergency Response Benefit.
March 18, 2020:
Kelly’s update on government regarding the government’s extensions for the filing of tax returns.
New Funding to Assist in Larger Wage Subsidy for Business & Charities
Businesses and non-profit organizations seeing a drop of at least 30 per cent in revenue due to COVID-19 will qualify for the government’s 75 per cent wage subsidy program, the number of people a business employs will not determine its eligibility. Charities and companies big and small will qualify.
For those companies experiencing a decrease in revenues of at least 30 per cent, the government will cover up to 75 per cent of a salary on the first $58,700, which could mean payments of up to $847 a week.
How to Apply for the CERB
The government will start accepting applications on April 6.
Important! If you are not eligible for Employment Insurance, find out how you can get ready to apply for the CERB through the Canada Revenue Agency.
Whether you apply online or by phone, the CRA wants to provide the best service possible to everyone. To help manage this, the CRA has set up specific days for you to apply. Please use the following guidelines:
Your application day is set by the month in which you were born:
- January, February or March – you apply on Mondays, commencing April 6
- April, May, or June – you apply on Tuesdays, beginning April 7
- July, August, or September – you apply on Wednesdays – starting April 8
- October, November, or December – you can apply on Thursdays, as of April 9
- Or you can apply on Fridays, Saturdays and Sundays regardless of your birth month.
Canada’s COVID-19 Economic Response Plan
This is your one-stop resource to view the latest news regarding the initiatives by the Canadian government to to help Canadians facing hardship as a result of the COVID-19 outbreak. View now.
Other Useful Links…
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Work-Sharing Applicant Guide
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Business Credit Availability Program
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Filing and Payment Due Dates
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Canada Emergency Response Benefit – Individuals
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75% Wage Subsidy
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$40,000 Canada Emergency Business Account Loans
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GST/HST Remittance Deferral
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Resources for Canadian Businesses
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Payroll.ca – Payroll and Covid19
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Ceridian – COVID-19 Central
How can we help you today?
IMPORTANT NOTICE: OFFICE CLOSURE
We care about the health and well-being of our staff and clients. In response to the concerns regarding COVID – 19, we are closing our office to clients and walk-in traffic. Please note:
We will still be working, but will be accepting client files and data via:
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Drop offs through the mail slot in our main entrance door
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E-mailing files to admin@kmpc.ca, please also cc emails to kelly@kmpc.ca
If you have any questions, please email them to admin@kmpc.ca. We will respond to questions as quickly as possible, so your patience will be appreciated.
Address: 11 Stanley Court, Unit 13 Whitby, ON L1N 8P9
Local Phone: 905-666-5071
Toll-free 1-800-942-5558
Fax: 905-666-3146
Summer Business Hours: 9:00 am – 4:30 pm Monday to Thursday CLOSED: FRIDAYS
