Update- Covid 19 Tax and Government Updates

Federal Government Assistance Links  Re: COVID 19

Support for Individuals 

Support for Businesses

Canada Emergency Response Benefit

What day do you apply online?

Birth Month                Day

Jan-Mar                       Monday April 6, 2020

Apr-Jun                       Tuesday April 7, 2020

Jul-Sep                         Wednesday April 8, 2020

Oct-Dec                        Thursday April 9, 2020

Anyone                         Fri April 10-Sun Apr 12

Provincial Government Updates Re: COVID 19 Provincial Tax Changes

COVID-19 Action Plan – Provincial Tax Changes – Province of British Columbia

Filing Season Deadline Extensions

In order to provide greater flexibility to Canadians who may be experiencing hardships during the COVID-19 outbreak, the Canada Revenue Agency will defer the filing due date for the 2019 tax returns of individuals, including certain trusts.

• For individuals (other than trusts), the return filing due date will be deferred until June 1, 2020. However, the Agency encourages individuals who expect to receive benefits under the GSTC or the Canada Child Benefit not to delay the filing of their return to ensure their entitlements for the 2020-21 benefit year are properly determined.
• For trusts having a taxation year ending on December 31, 2019, the return filing due date will be deferred until May 1, 2020.

The Canada Revenue Agency will allow all taxpayers to defer, until after August 31, 2020, the payment of any income tax amounts that become owing on or after today and before September 2020. This relief would apply to tax balances due, as well as instalments, under Part I of the Income Tax Act. No interest or penalties will accumulate on these amounts during this period.