Is your work part of the on-demand economy? Here’s what you need to know

The on-demand economy depends on temporary and freelance work, or short-term contracts. If you communicate with your customers using online platforms or applications, such as Clickworker, Crowdsource or Fiverr, to provide them with your services, you’re usually considered self-employed rather than an employee. You can work anywhere, because online platforms enable you to stay in […]

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 […]

Have you made a charitable donation? Claim your tax credit!

Have you made a donation to a registered charity or other charity or other qualified donee? You may be eligible for a tax credit. Claim your tax credit To claim the charitable donation tax credit, keep your official donation receipts from registered charities and other qualified donees. Once you have receipts for all your donations, […]

Deadlines: 2020 tax returns and payments

Here are the current deadlines for the year 2020, they relate to the return and payment of income tax for individuals, corporations, trusts and charities : Individuals – Deadlines Production date April 30, 2021 Filing your return on time helps you avoid delays and ensure that you receive any refunds, benefits or credit payments to […]

Tax 2020: new flexibility measures

Citizens who have received assistance in connection with COVID-19 will not have to pay interest on their 2020 tax balance for a period of one year. This measure is designed to simplify life for those who have been affected by the pandemic. More specifically, citizens who received the Canada Emergency Benefit (CEP), the Canada Student […]

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 […]

Three new services to boost the economy

To ensure that Canadians continue to receive the help they need, the Government of Canada has introduced three new benefits to be administered by the Canada Revenue Agency: the Canadian Economic Recovery Benefit (CERB), the Canadian Recovery Health Benefit (CRHB) and the Canadian Caregiver Economic Recovery Benefit (CCERB). The PCRE application process was launched on […]

REVENU QUÉBEC TO BE FLEXIBLE FOR INDIVIDUALS AND BUSINESSES

Revenu Québec is closely monitoring the evolution of the pandemic in Quebec, and has taken note of the decisions announced by the Quebec government regarding the hard-hit regions. It is sensitive to the concerns of Quebecers, and to the impact the pandemic may have on the population. This is why it is important to reiterate […]

How are self-employed Canadians faring economically during the pandemic?

A new study examines the degree of dependence on self-employment income among self-employed workers with and without T4 Supplementary income (wages and salaries for which a person receives a T4 slip). It also looks at the impact this degree of dependence may have on their ability to cope with financial difficulties after COVID-19. The presence […]