Originally the program was supposed to end on June 06 but yesterday Prime Minister Trudeau announced that it will be extended to past June into at least July. At this time there are three qualifying periods as they have not announced the dates for the extended periods. Organizations applying now will be able to apply for the first two periods.

March 15 - April 11

April 12 - May 09

May 10 - June 06.

The six steps for the application process can be accessed by clicking on the second link listed at the top of the Canada Revenue Agency website.

This is a reminder that the 10% Temporary Wage Subsidy For Employers is separate from the Canada Emergency Wage Subsidy (CEWS).  The subsidy is equal to 10% of the remuneration you pay from March 18 to June 19, up to $1,375 for each eligible employee to a maximum of $25,000 total per employer.  Churches and charities also qualify as eligible employers for this subsidy.

You do not need to officially apply for the subsidy because you simply reduce the tax portion of your monthly payroll deductions submitted to CRA by the amount you qualify for.  You must still remit the full amounts deducted for CPP and EI plus your share.  You also have the choice of not claiming the subsidy now but claiming it at the end of the year.

Information and instructions are available at Temporary Wage Subsidy For Employers. 

This link is also available within the top highlighted area of the Payroll Section of the Canada Revenue Agency website.

- April payroll liabilities due May 15.

- CRA is continuing to extend the filing deadline to December 31, 2020, for all charities with a Form T3010, Registered Charity Information Return due between March 18, 2020 and December 31, 2020. The additional time recognizes that charities will be focused on deploying their resources to address the effects of the COVID-19 situation.

Details are available in the highlighted area at the top of their Website Home Page.

- Set aside financial reports and other items you will need when completing your annual Registered Charity Information Return on Form T3010.

Many of you have been anxiously waiting for the implementation of the Canada Emergency Wage Subsidy (CEWS) along with the news of what exactly it will be and when you can apply. Today the Government announced they are now ready to proceed and applications can begin on Monday, April 27, 2020. The major points are that the CEWS will provide

- a wage subsidy of 75% to eligible employers,

- for up to 12 weeks,

- retroactive to March 15, 2020

- to a maximum of $847 per employee per week.

Important links can be accessed on the Canada Revenue Agency website.

The Charities Directorate has reopened their call centre and they are working towards a gradual resumption of other services, while audit activities continue to be suspended until further notice. Hours of operation are Monday-Friday from 9:00am-5:00pm, local time at 1-800-267-2384.

Their announcement confirms that they are extending the filing deadline to December 31, 2020, for all charities with a Form T3010, Registered Charity Information Return due between March 18, 2020 and December 31, 2020. The additional time recognizes that charities will be focused on deploying their resources to address the effects of the COVID-19 situation.

Details are available in the highlighted area at the top of their Website Home Page.