Support for employers: CRA and COVID-19

Author: Scalability | | Categories: Accounts Payable , Accounts Receivable , Bill Payment , Bookkeeper , Cloud Based Bookkeeping , Digital Bookkeeping , Intuit QuickBooks , Invoicing , Payroll , QuickBooks Bookkeeping , Small Business Bookkeeping , Virtual Bookkeeping , Xero Bookkeeping

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As a Canadian employer whose business has been affected by COVID-19, you may be eligible for a subsidy of 75% of employee wages for up to 12 weeks, retroactive from March 15, 2020, to June 6, 2020.This wage subsidy will enable you to re-hire workers previously laid off as a result of COVID-19, help prevent further job losses, and better position you to resume normal operations following the crisis.Starting April 27, 2020, eligible employers can apply in CRA My Business Account or through a separate online application form.

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Original Article Source Credits: canada, https://www.canada.ca/

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Link to Original Article: https://www.canada.ca/en/revenue-agency/campaigns/covid-19-update/support-employers-cra-covid-19.html



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