Support for Employers
September 2, 2021Employer-provided benefits and allowances
In light of the COVID-19 pandemic, the Canada Revenue Agency (CRA) has adopted a number of administrative positions for employer-provided benefits pertaining to commuting, parking and home office expenses.
Learn more: Employer-provided Benefits and Allowances: COVID-19
Canada Emergency Rent Subsidy (CERS)
Canadian businesses, non-profit organizations, or charities who have seen a drop in revenue due to COVID-19 may be eligible for a subsidy to cover part of their commercial rent or property expenses, starting on September 27, 2020, until June 2021.
If you are eligible for the base subsidy, you may also be eligible for lockdown support if your business location is significantly affected by a public health order for a week or more.
Learn more: Canada Emergency Rent Subsidy (CERS)
https://www.canada.ca/en/revenue-agency/services/subsidy/emergency-rent-subsidy.html
Canada Emergency Wage Subsidy (CEWS)
As a Canadian employer who has seen a drop in revenue during the COVID-19 pandemic, you may be eligible for a subsidy to cover part of your employee wages. This subsidy will enable you to re-hire workers, help prevent further job losses, and ease your business back into normal operations.
Use the online calculator or spreadsheet to find out how much you can qualify for.
Learn more: Canada Emergency Wage Subsidy (CEWS)
https://www.canada.ca/en/revenue-agency/services/subsidy/emergency-wage-subsidy.html
10% Temporary wage subsidy for employers
The Government announced a 10% temporary wage subsidy for employers for a period of 3 months.
Eligible employers (individuals (excluding trusts), certain partnerships, non-profit organizations, registered charities, or Canadian-controlled private corporations) who pay salary, wages, or taxable benefits to employees, between March 18, 2020 and June 19, 2020, can reduce payroll remittances of federal, provincial, or territorial income tax by the amount of the subsidy. This measure is only applicable to remittances made to the CRA.
Learn more: 10% Temporary Wage Subsidy for Employers
https://www.canada.ca/en/revenue-agency/services/subsidy/temporary-wage-subsidy.html
Deferral of GST/HST Remittances
The CRA will allow all businesses to defer, until June 30, 2020, any GST/HST payments or remittances that become owing on or after March 27, 2020, and before July 2020. This means that no interest will apply if your payments or remittances are made by June 30, 2020.
Businesses that continue to experience difficulty in remitting GST/HST and customs duty amounts owing can contact the CRA and Canada Border Services Agency (CBSA) to make a request for the cancellation of penalties and interest, and/or for a flexible payment arrangement with the CRA.
Learn more: FAQs for deferral of GST/HST Tax Remittances
