The agency says it’s aware of some tax slips that wrongly list portions of repaid benefits as taxable income
Relief hasn't been extended to late-filing penalties where there’s an unpaid tax liability
For privacy reasons, the public registry does not include sole proprietors
There's a temporary flat-rate method for up to $400, and a simplified "detailed" method with a new Form T2200S
A proposal in the fall economic statement aims to provide a simplified claim process
CCPCs and employers with annual gross revenues of $500 million or less will be excluded
Organization calls out the “imbalance of power” between tax authorities and small business owners
There are exceptions for cases of deliberate overcontributions or penalty waivers
Canada Revenue Agency confirmed a more flexible approach at the Canadian Tax Foundation conference
Employer reimbursements of up to $500 not a taxable benefit if related to Covid-19