COVID-19 Information

We encourage you to file your personal income tax return as soon as possible to make sure your benefits continue.

Do you have CRB enquiries? Call 1-833-966-2099

Tax Deadline and Payment Deadline Changes

 

Individuals - The deadline to file your personal income tax return for 2020 has not been extended this year. File your return by April 30 (June 15 with a business included) to avoid late filing penalties. Penalties are based on amounts that you owe, and you may owe this year because of COVID program payments. If you owe, earned less than $75,000 and you received COVID program payments in 2020, you have until April 30, 2022 to pay your taxes without interest. If you have filed and are not able to pay by the due date because of financial hardship, you should call CRA collections to make payment arrangements.

Businesses

Corporations - No further filing extensions have been announced.

GST/HST - No further filing extensions have been announced. If you are unable to make the required payments, you may be able to request interest relief from the Canada Revenue Agency. This link may help.

 

WCB - The Government of Alberta provided financial support to help employers through the challenges of the global COVID-19 pandemic. This measure included a deferral of 2020 WCB premium payments for all private sector employers until 2021. Invoicing resumed in February 2021 and businesses are now required to pay 50 per cent of their 2020 premiums – the other 50 per cent was paid by the Government of Alberta.

 

Not sure what supports you may be eligible for? Search for programs using this interactive tool.

Alberta Small and Medium Enterprise Relaunch Grant - This programs has had funding of up to $30,000 to assist with costs to your business associated with COVID. Additional funding was announced for businesses affected by the new health restrictions that began on April 6, 2021. Applications to begin in mid-April. Details can be found here.

 

CanExport Grant - this grant requires $100,000 to $100 million in revenue for your business. Normally they are providing funds to expand into the global market but with the pandemic they are providing grants to help with e-commerce. See the details here.
 

Wage Subsidy Programs:

Canada Emergency Wage Subsidy (CEWS) (commonly called the 75% subsidy)

The deadline to apply for this subsidy (for all periods) is the later of January 31, 2021 or 180 days after the end of the period. 

Periods 1 to 4 (March 15 to July 4, 2020) - the deadline to apply was January 31, 2021

  • You are a Canadian employer and you have experienced at least a 15% reduction in revenue for March (first month test) or 30% for April, May or June (subsequent month tests). It can be compared to the same month in the prior year or the average of January and February 2020. You can also choose if you will compare based on accrued or cash method. When you meet the qualification for a month, the following month you will automatically qualify.

  • The subsidy will not exceed 75% of pre-crisis remuneration based on the average weekly amounts paid January 1 to March 15 (maximum $847/week/employee)

  • The subsidy can apply to owner-managers who meet the requirement to be on the payroll January 1 to March 15

  • An additional subsidy is available for employers who have their employees on paid leave during the crisis to also be reimbursed for 100% of the employer portion of CPP and EI

  • Calculations are tricky and penalties for gaming the system are high so be sure to be informed and correctly make your applications

  • You will need to re-apply each month that you qualify

Periods 5 and forward (July 5, 2020 to October 23, 2021)​

  • The calculations become even more in depth and special care needs to be taken to determine reasonable claims

  • The revenue drop requirement has changed to "any reduction" and the subsidy is based on the percentage of revenue reduction

  • If the revenue decline is more than 50%, there is an additional subsidy (25% top up)

  • The base wages will need to be recalculated and is based on the percentage of revenue drop each period

  • For periods 5 and 6 (July and August) you can choose to use the Period 1-4 rules if the subsidy would be more under these rules

  • You can use this estimator to determine if you may have a claim and potentially how large it might be

Canada Recovery Hiring Program (CRHP)

  • This program will run from June 6, 2021 to May 7, 2022

  • The base period of wages for this program is Period 14 (March 14 to April 10, 2021)

  • This program encourages employers to hire more staff or increase wages with a subsidy to be paid in periods of required revenue drops

  • The higher of the CEWS or CRHP will be paid each period up to October 23, 2021 so you must calculate both to make the determination of which one to claim

 

New supports announced on October 21, 2021:

  • Tourism and Hospitality Recovery Program

  • Hardest-Hit Business Recovery Program

  • Both programs are proposed to start October 24, 2021 and expire May 7, 2022

  • The intention is to provide targeted assistance to businesses who need it most due to COVID-19

Temporary Wage Subsidy (TWS) (commonly called the 10% subsidy)

  • This program ran from March 18 to June 19, 2020

  • There is a requirement to file a PD27 form by employers who were eligible to make this claim. If you used this program or CEWS, you must file this form as soon as possible.

None of the subsidies apply to contractor payments.

All subsidies are taxable in the period they relate to, not when received.

Canada Emergency Rent Support (CERS)

  • This program is for those renting commercial space or those who own commercial space that they operate their business out of to offset some costs

  • The program began September 27, 2020 and will run until October 23, 2021

  • Applications are filed through your MyBusiness Account with the Canada Revenue Agency

  • Details of this program can be found on this site

Canada Emergency Business Account (CEBA)

  • Eligible businesses may apply for an interest-free business loan through your financial institution

  • The initial loan was up to $40,000 (applications are no longer being accepted for this amount)

  • It is interest-free until December 31, 2022 and eligible for up to $10,000 (25%) complete forgiveness if 75% of the loan is repaid fully on or before this date

  • If it is not repaid by this date, it can be extended for a 3-year term with a 5% interest rate

  • The criteria to be eligible requires that the business had between $20,000 and $1.5M of gross payroll in 2019

  • In December 2020, applications started for an additional loan of up to $20,000 with half of it forgivable for businesses affected by COVID-19

  • If you already received the $40,000 amount, it is an additional $20,000 added to the loan - if you did not apply previously, the loan is now for $60,000

  • If you cannot qualify based on the above criteria, see this link for additional qualifications that can be used to potentially access this funding

  • The application deadline was June 30, 2021

If you are not eligible for the CEBA, there is an alternate source of funding available​

Benefits for Individuals

  • The CERB (Canada Emergency Response Benefit) expired September 26, 2020

  • The CESB (Canada Emergency Student Benefit) expired September 30, 2020

  • The Canada Recovery Benefit (CRB) expired October 23, 2021

  • There may still be some support under the EI program if you meet the criteria

  • If you need to pay back some or all of your CERB benefits, check this link

  • If you need to pay back some of your CRB benefits, see this link.

  • The Canada Worker Lockdown Benefit is the new benefit that is proposed to be effective October 24, 2021 and will expire May 7, 2022. We are awaiting details for this program from the government.

Canada Recovery Caregiving Benefit (CRCB) and

Canada Recovery Sickness Benefit (CRSB)

  • These programs are open to accept applications for September 27, 2020 to May 7, 2022

  • They are aimed at individuals who cannot work due to either needing to care for a family member who must self-isolate or an individual who cannot work because they must self-isolate

  • Links for these programs can be found here: CRCB or CRSB

Helpful links