The You First Blog

The CRA will be applying automatic interest relief on 2020 tax return balances until April 30th, 2022 if you meet the following criteria: Your total taxable income was $75,000 or less You received at least one of the pandemic relief benefits (CERB, CESB, CRB, EI, CRCB, CRSB) You filed your 2020 income tax If you… Read More

On Friday, the Federal Government announced plans to extend the Canada Recovery Benefit and Canada Recovery Caregiving Benefit by an additional 12 weeks. The existing CRB Benefit of $500 per week remains and the maximum claim period will increase from the 26 weeks to 38 weeks. In addition, the federal sickness benefit will expand from… Read More