{"id":3302,"date":"2020-07-29T09:00:32","date_gmt":"2020-07-29T13:00:32","guid":{"rendered":"http:\/\/stage.tbkdev.com\/dev\/davismartindale.com\/src\/?p=3302"},"modified":"2020-09-09T08:35:32","modified_gmt":"2020-09-09T12:35:32","slug":"tax-payments-extended","status":"publish","type":"post","link":"https:\/\/stage.tbkdev.com\/dev\/davismartindale.com\/src\/tax-payments-extended\/","title":{"rendered":"CRA Announces Extension"},"content":{"rendered":"

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Payment deadlines extended and interest relief on outstanding debts.<\/h4>\n

Payment deadline extension to September 30.<\/h4>\n

The CRA is extending the payment due date for individual, corporate, and trust income tax returns, including installment payments, due on or after March 18, 2020 to September 30, 2020 <\/strong>(from September 1, 2020). Penalties and interest will not be charged if payments are made by September 30, 2020. The previously extended filing deadlines<\/a>\u00a0remain unchanged; however, CRA will not impose a late filing penalty where returns due on or after March 18, 2020 are filed by September 30, 2020<\/strong>.<\/p>\n

Interest on existing tax debt<\/h4>\n

The CRA is waiving interest on existing tax debts related to individual, corporate, and trust income tax returns from April 1, 2020, to September 30, 2020 <\/strong>and on goods and services tax\/harmonized sales tax (GST\/HST) returns from April 1, 2020, to June 30, 2020<\/strong>.<\/p>\n

For full details see CRA Announcement here.<\/a><\/p>\n

If you have any questions or concerns, please do not hesitate to contact our team at (519) 673-3141 or through email at\u00a0info@davismartindale.com<\/a>.<\/p>\n<\/div>\n<\/article>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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\r\n\t\t\t\t\t\tCRA Announces Extension\t\t\t\t\t<\/h2>\r\n\r\n\t\t\t\t\t\t\t\t\t\t\t
\r\n\t\t\t\t\t\t\tJuly 29, 2020\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\r\n\t\t\t\t\t

Payment deadlines extended and interest relief on outstanding debts. Payment deadline extension to September 30. The CRA is extending the payment due date for individual, ...<\/p>\n\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\tRead More<\/span>\r\n\t\t\t\t\t\t\t<\/a>\r\n\t\t\t\t\t\t\t\t\r\n\t\t\t\t

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\r\n\t\t\t\t\t\tUPDATE \u2013 CEWS Expansion\t\t\t\t\t<\/h2>\r\n\r\n\t\t\t\t\t\t\t\t\t\t\t
\r\n\t\t\t\t\t\t\tJuly 21, 2020\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\r\n\t\t\t\t\t

CEWS Program Expands Eligibility On July 17, 2020, draft legislation was released related to the previously announced extension of the Canada Emergency Wage Subsidy (\u201cCEWS\u201d). ...<\/p>\n\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\tRead More<\/span>\r\n\t\t\t\t\t\t\t<\/a>\r\n\t\t\t\t\t\t\t\t\r\n\t\t\t\t

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Thank you again to our frontline workers for their courage, continued support, and dedication to our community during this very difficult time. We were grateful ...<\/p>\n\t\t\t\t<\/div>\r\n\t\t\t\t\t\t\t\t\tRead More<\/span>\r\n\t\t\t\t\t\t\t<\/a>\r\n\t\t\r\n\t\t\t\t\t

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