Due to the COVID-19 pandemic, working from home has become common and will most likely be how much of society works for the foreseeable future. However, employees are incurring costs building up an office in their home, so the costs must be reviewed for eligibility. Employers need to support employees to ensure the tax reductions can be realized if you work from home.
Due to the current Ontario’s COVID-19 pandemic and restrictions on businesses, financial issues and growth of unemployment, it is difficult to find the right place and time to file your 2019 taxes. So here is a list of software that works with CRA Netfile and is free, helping filing your taxes online.
Here is a summary of the new personal and corporate tax deadlines, along with a description of the new benefits available to Canadians.
CRA has extended the personal tax filing due date for the 2019 tax returns of individuals to June 1, 2020.