January 2021

For 2020 T4 reporting, the CRA has introduced updated reporting requirements for T4 slips. The new requirements include new boxes for reporting employment income and retroactive payments in the following periods: Code 57: Employment income – March 15 to May 9 Code 58: Employment income – May 10 to July 4 Code 59: Employment income […]

Who Must File Form PD27? If you are eligible to claim the Temporary Wage Subsidy (TWS), you may need to complete ‘Form PD27 – 10% Temporary Wage Subsidy Self-identification Form for Employers’ even if the subsidy was not used. PD27 will be used by CRA to reconcile the TWS on your payroll accounts. If more

Check out our Q1 2021 edition of Tax Tips and Traps. Click on the image below to download:

On January 12, 2021, the Province announced an expansion and deadline extension to the Manitoba Bridge Grant. Certain sectors that were previously ineligible because they were not required to close under the November health orders are now specifically made eligible under the expanded program. Additionally, the maximum amount available under the grant has been increased

The City of Winnipeg is offering a $1,500 grant to local businesses and not-for-profit organizations that were required to prohibit access to their premises as a result of public health orders. The first round of applications are open until February 28, 2021, on a first come, first serve basis. Do I Qualify? To qualify for

On December 22, 2020 the provincial government announced it would be providing $5 million in assistance to dine-in restaurants that have been affected by recent public health orders. Manitoba Chamber of Commerce was selected to administer the program on behalf of the government, and applications are now live. Manitoba dine-in restaurants that made a significant