Trending on Clearline Twitter
Getting your 2019 taxes in order while you socially isolate?
Whether you are a post-secondary student or know someone who is, don't forget about the tuition tax credits.
http://ow.ly/ADXx50z05tI
BC Business Community has created a survey on the impacts of the #COVID19 virus. https://www.bcmindreader.com/c/r/covid-pulse-check1-2020-cabinet @BizCouncilBC @bcchamberofcom @BoardofTrade
The Prime Minister of Canada has announced significant changes this morning to their economic package to help small businesses and entrepreneurs. Here's what you need to know:
http://ow.ly/VXRS50yXR1w
Clearline Blog & News
Featured
Tax Filing Deadlines Extended and Important Office Updates
Dear Clients, Associates, and Friends, We are closely monitoring the evolving situation regarding the coronavirus (COVID-19). One of our top priorities is to help support the health and safety of our team, clients and community during this time. This morning the Federal Government announced the following measures in regards to the tax deadlines for Canadians.…
3 min readRead More
COVID-19: An Update on Wage Subsidies
The Federal Finance Minister has announced further details on the Canada Emergency Wage Subsidy. Following the announcement, there was a technical briefing with officials from the Department of Finance. Here are the latest details: Canada Emergency Wage Subsidy (“Subsidy”) The Subsidy will cover up to 75% of employees’ wages for Eligible…
3 min readRead More
COVID-19: Updated Federal Response for Small Businesses
The Prime Minister of Canada has announced significant changes this morning to the Federal government’s economic package to help small businesses and entrepreneurs. Here is the most up to date information. Please check the blog often or sign up for our newsletter for the latest updates. Temporary Subsidy Amount (“Subsidy”) The Subsidy will…
1 min readRead More
COVID-19: Updated Federal Response
The Government of Canada passed the COVID-19 Emergency Response Act this morning, containing their response plan for individuals and businesses. Some of the items have changed since they were previously announced. Here are the latest updates. Emergency Response Benefit (“Benefit”) The Benefit combines the previously announced “Emergency Care Benefit” and “Emergency Support…
3 min readRead More
COVID-19: BC Measures for Business and Individuals
On March 23, 2020, the Government of British Columbia announced a number of measures to assist business and individuals. Here is what you need to know. New Measures for Business Deferring the payment of a number of taxes for business until September 30, 2020, including: Employer Health Tax (originally due…
2 min readRead More
COVID-19: Temporary Wage Subsidy
The Government of Canada announced on March 18th a Temporary Wage Subsidy (“Subsidy”) as part of its COVID-19 response plan for businesses. Further information has now been released by the CRA on the implementation of the Subsidy. Eligible Employers An eligible employer is: A Canadian-controlled private corporation (CCPC), a non-profit organization, or a registered…
3 min readRead More
COVID-19: Support for Business Owners
As the impact of COVID-19 continues to cause hardship and uncertainty, here is a review of some financial measures announced on March 18, 2020 which will be available to business owners. Temporary Wage Subsidy to Help Keep Employees A new three month temporary wage subsidy will be provided to eligible small employers equal to…
3 min readRead More