The Canada Revenue Agency (CRA) is closely monitoring the COVID-19 situation, and is committed to supporting Canadians throughout it. The CRA understands that individuals and businesses might be dealing with difficulties in meeting their financial obligations, including paying tax debts they may have incurred prior to the crisis.
Today, the Honourable Diane Lebouthillier, Minister of National Revenue is announcing that benefit payments will continue for an additional three months for those who are not able to file their 2019 returns on time.
Free tax clinics are important to communities throughout Canada. Due to concerns surrounding the COVID-19 pandemic, many community organizations had to close, postpone, or scale back on the free tax clinics they offer.
To help employers keep and re-hire workers amidst the challenges posed by the COVID-19 pandemic, the Government has implemented the Canada Emergency Wage Subsidy (CEWS).
To help employers through the challenges posed by the COVID-19 pandemic, the Government has implemented the new Canada Emergency Wage Subsidy (CEWS). The CEWS aims to prevent further job losses, encourage employers to re-hire workers who were laid off as a result of COVID-19, and help position businesses to resume normal operations more easily following the crisis.
Today, the Honourable Diane Lebouthillier, Minister of National Revenue, launched the Canada Emergency Wage Subsidy calculator to enable eligible employers to determine the amount they can expect to claim when applying for the wage subsidy.
Over one hundred years ago, The Income Tax War Act of 1917 was introduced to fund the expenses of the First World War. At the time, the Department of Inland Revenue, which became the Canada Revenue Agency (CRA), had 36 employees across the country.
A globally coordinated day of action to put a stop to the suspected facilitation of offshore tax evasion has been undertaken this week across the United Kingdom (UK), United States (US), Canada, Australia and the Netherlands.
