Bhamji Taxation Services Blog

The Canadian Emergency Response Benefit is gone, but COVID-19 will be sticking around for quite some time. That means millions of workers will need to jump to a new financial lifeline. Read More Original Article Source Credits:   Financial Post , https://financialpost.com/ Article Written By:  Ethan Rotberg Original Article Posted on:  Oct 06, 2020 Link to Original Article:  https://financialpost.com/moneywise/its-the-end-of-cerb-heres-how-to-apply-for-the-new-pandemic-relief-benefits

Added screening measures are being implemented in hopes of weeding out anyone who applies for the federal government’s three new COVID-19 benefits but isn’t actually eligible, a measure that comes after concerns that some individuals may have previously tried scamming the system. Read More Original Article Source Credits:   CTV News , https://www.ctvnews.ca/ Article Written By:  Graham Slaughter Original Article Posted

The Canada Revenue Agency (CRA) is requiring Canadian employers to provide additional information on T4 slips for the 2020 tax year as part of its efforts to track pandemic-related benefits. The CRA is looking to “validate payments” made under the Canada Emergency Response Benefit (CERB), the Canada Emergency Wage Subsidy (CEWS) and the Canada Emergency Student Benefit (CESB) programs. Read

A proposed class-action lawsuit has been launched against the federal government on behalf of Canadians who applied online for COVID-19 emergency aid — only to have their personal and financial information stolen by hackers. The lawsuit alleges that a series of “failings” by the government and the Canada Revenue Agency (CRA) allowed at least three cyberattacks between mid-March

The CRA’s digital services make it easier to manage your business’ tax and benefit affairs from home. Our online tools can help you through the COVID-19 crisis and beyond. Register for My Business Account to easily view and manage your business’ tax affairs. Thousands of businesses have signed up for My Business Account to make it easier to get payments