Update to Clients:
Though NCCA remains open, we encourage all clients to contact us before visiting our office. NCCA has a number of technologies in place that can eliminate the need for clients to physically visit our office for communications, signing, payment and document transfer.
Where possible, we are asking clients to either courier us their physical documents, drop them off in the mailbox outside our door (during business hours), or upload them to our portal. Our online portal (https://ncca.cchifirm.ca/clientportal/) allows for secure electronic document transfer, please contact us if you have not already been setup with an account. If you do not remember your password, simply visit our portal sign in and click ‘Forgot your password?’ (your username is your email address you use for communications with NCCA).
Where permitted by CRA, we can send you documents to approve and digitally sign. Documents that do not allow for digital signatures can still be sent electronically for you to print, sign and then scan back to us. CRA has announced they are temporarily accepting T183’s that have been electronically signed. A signed T183’s is required for us to be able to EFILE your 2019 Personal Income Tax return with CRA.
Payments can be made via an Interact e-Transfer, mail, or by calling our office with credit card information.
The Faith-based and Cultural Facility Relaunch Grant support faith-based and cultural organizations with the relaunch of facilities used for cultural, religious, spiritual and ceremonial gatherings
Premier Jason Kenney announced financial support for small businesses struggling to reopen amidst COVID-19.
Businesses with less than 500 employees will see some monetary relief from the provincial government through a one-time relaunch payment.
You will have to have been laid-off after March 15, 2020. Your previous employer will have to have issued you a separation slip. The benefit of this program is that your waiting period will be reduced from the normal two week period to being eligible immediately
The CERB supports Canadians by providing financial support to employed and self-employed Canadians who are directly affected by COVID-19. It provides a payment of $2,000 for a 4-week period (the same as $500 a week) for up to 16 weeks.
During a three-month period, eligible employers can access the subsidy by reducing the payroll deductions they remit to the Canada Revenue Agency.
This program consists of an interest free loan up to $40,000.00 to help small business cover their Operation costs.
This subsidy-Grant– would be available to eligible employers that see a drop of at least 30% of their revenue and that pay wages to employees. This grant as of now does not apply to dividends paid by corporations.
The new Canada Emergency Rent Subsidy (CERS) provides financial assistance for eligible fixed property expenses, including rent and interest on commercial mortgages until June 2021, CERS replaces the previous Canada Emergency Rent Assistance (CECRA) program that ended
Assistance to help small businesses pay their rent for April through September.
Students and recent graduates who have seen their education and job prospects hampered by the ongoing COVID-19 pandemic will soon be able to claim a new Canada Emergency Student Benefit
The Canada Recovery Benefit (CRB) gives income support to employed and self-employed individuals who are directly affected by COVID-19 and are not entitled to Employment Insurance (EI) benefits.
The Canada Recovery Caregiving Benefit (CRCB) gives income support to employed and self-employed individuals who are unable to work because they must care for their child under 12 years old or a family member who needs supervised care.
The Canada Recovery Sickness Benefit (CRSB) gives income support to employed and self-employed individuals who are unable to work because they’re sick or need to self-isolate due to COVID-19, or have an underlying health condition that puts them at greater risk of getting COVID-19.
Under the Affected Sectors Credit Availability Program, businesses experiencing a reduction in revenue of 50 per cent or more for at least three months will be able to apply for a guaranteed loan of $25,000 to $1 million through their financial institution.
Businesses unable to access existing relief measures can shortly apply for funding under Western Economic Diversification Canada’s Regional Relief and Recovery Fund (RRRF). The objective of this program is to assist western Canadian SMEs that do not qualify for the Canadian Emergency Business Account (CEBA) program or the RRRF – Community Futures Stream. Business can apply for funding up to $60k through the Regional Relief and Recovery Fund.
Extensions on both payment and filing deadlines for corporate income tax due after March 18, 2020.
Extensions on both payment and filing deadlines for 2019 personal income taxes.
Thought the deadline for businesses to file their returns is unchanged, CRA won’t impose penalties where a return is filed late provided that it is filed by June 30th.
Employers must continue remitting payroll deductions by their remittance due date.