What if you can’t pay your taxes?
If you’re having trouble making your tax payments, you can work with the Canada Revenue Agency to find ways to pay your tax debt based on your financial situation. You have several payment options if you can’t pay your tax debt in full: Payment options Partial paymentYou can make partial payments to the Agency to […]
Structuring Technical Assistance (STA) program for SMEs: is it for you?
Companies have until June 30, 2021 to benefit from the ATS (Aide technique structurante pour les PME) grant. This is a NON-REFUNDABLE aid (i.e. a grant) available for up to 100% of expenses. This grant, presented by the Honourable Mélanie Joly, Minister of Economic Development and Official Languages, will enable CFDCs and BDCs, through the […]
Canada’s Emergency Wage Subsidy extended to September 25, 2021
The government introduced the Canada Emergency Wage Subsidy to prevent further job losses and encourage employers to quickly rehire workers already laid off as a result of COVID-19. The measure provides eligible employers who have experienced a drop in revenues with a wage subsidy for eligible compensation paid to their employees. Support for active employees […]
Federal budget 2021-2022: highlights
What you need to know: The 2021 budget proposes to extend the wage subsidy, rent subsidy and containment support measure until September 25, 2021. Budget 2021 proposes to enhance the Canada Small Business Financing Program by increasing its annual funding by $560 million, supporting approximately 2,900 additional small businesses. The 2021 budget will impose a […]
Tax returns: no penalties until May 31
As announced by the Ministère des Finances, Revenu Québec confirms that it will not impose any penalties or interest on citizens who file their tax returns or pay their tax balance after the legal deadline of April 30, 2021, but no later than May 31, 2021. This new measure is designed to make life easier […]
Summary of the 2021 Quebec budget
To read the summary of the Quebec 2021 budget
Emergency Canadian Commercial Rental Assistance (ECCRA): ensure sales tax compliance
Canadian Emergency Commercial Rental Assistance (CECRA) What are the sales tax implications for landlords and tenants? COVID has meant a great deal of inconvenience for all taxpayers. Both levels of government have put in place a number of relief and assistance measures. We’d like to draw your attention to some special features of the Emergency […]
Highlights of the 2021-2022 budget
For 2021-2022 Budget Highlights.
Use of a vehicle by an employee for personal purposes: Eligible or ineligible for tax refunds?
All Quebec cities and municipalities apply for GST and QST refunds on purchases they make as part of their municipal activities. However, it is a little known fact that certain expenses are not eligible for tax reimbursement, such as the acquisition or leasing of certain motor vehicles supplied to an employee. Revenu Québec has issued […]
A tool to calculate the deduction for telecommuting expenses during the pandemic
The Quebec government announced on December 16, 2020 that the Ministère des Finances would be putting an interactive calculation tool online to help citizens choose the most appropriate method for claiming the deduction for telecommuting expenses incurred during the COVID-19 pandemic. This tool is now available, and will enable citizens to determine which calculation method […]