This program helps employers and employees avoid layoffs. This provides Employment Insurance (EI) benefits to eligible employees who agree to reduce their normal working hours and share the available work while their employer recovers. The employees will keep their jobs while employers retain qualified and experienced workers.
For more info visit: Government of Canada website

This program provides eligible employees with up to three days of paid infectious disease emergency leave for certain reasons related to COVID19 while Eligible employers can apply to the Workplace Safety and Insurance Board (WSIB) to be reimbursed for these payments.
For more info visit: Ontario COVID-19 Worker Income Protection Benefit website

Low income seniors (65+ years) or low income persons with disabilities who own and live in their own home for at least one year and meet the criteria can apply for a tax rebate on their annual property tax.
Learn how by visiting: their website

For business owners in need of assistance, RBC offers customized advice to help relieve any financial pressures and disruption you may be experiencing.
You may book an appointment with: them for more information

BDC provide funds to help Canadian businesses in the start-up phase who have been in operation for at least 12 months and have generated revenues
For more info visit: BDC website

• A business number is a 9-digit standard and unique identifier of your business across Canada.
• You will use it if you need a CRA program account

The following benefit amounts are taxable and any amounts received before December 31, 2020, must be reported on your 2020 tax return:

• Canada Emergency Student Benefit (CESB)
• Canada Recovery Benefit (CRB)
• Canada Recovery Caregiving Benefit (CRCB)
• Canada Recovery Sickness Benefit (CRSB)
• Provincial or territorial COVID-19 financial assistance payments

The Co-operative Education Tax Credit is a refundable tax credit. It is available to employers who hire students enrolled in a co-operative education program at an Ontario university or college

• Corporations may claim the tax credit on Schedule 550 and file it with their T2 Corporation Income Tax Return.
• Employers operating unincorporated businesses may claim the credit on Form ON479, Ontario Credits, included in their personal income tax return.
• Members of partnerships claim their share of the credit on their own corporate or personal tax returns.

You should register for GST/HST, if you make taxable sales, leases, or other supplies in Canada (except if your only taxable supplies are of real property sold other than in the course of a business).
You are a small supplier or the following applies to you:

• Your business is not incorporated
• You have sole responsibility for decision making of your small business
• You receives all profits and takes responsibility for all losses that are incurred by your business.
• If you are considered self-employed and reports your business income on your income tax and benefit return.

For personalized GST/HST return, the due date is located at the top of your GST34-2, GST/HST Return for Registrants, if it falls on a weekend or holiday but CRA receives your payment the next day it is not considered late.
Your payment deadline depends on your GST/HST filing period. Most GST/HST payments are due at the same time as your GST/HST returns. There are case it is different when

• You are an annual filer and pays in installments
• Your business’s fiscal year ends on December 31st and you have business income for tax purposes

It is best for small business owners to talk to an accountants or tax professionals when it comes to dealing with their taxes. We can help you manage your tax information with the CRA.
Book an appointment: with us an make us your Authorized Representative