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Covid-19 Updates

Covid-19 Updates

11th November 2020

Updates

York Simcoe Accounting is OPEN and we are welcoming clients into the office. Please be aware that we are currently limiting the number of people entering at one time. Masks are now required when entering the office. If you do not have a mask, one will be provided for you. Our current office hours are Monday to Friday, 9 am-5 pm.

For businesses affected by the COVID-19 crisis, please see the links below for the most up to date information about economic relief:  Economic Response Plan.  

One of the best things you can do to prepare yourself or your business for tax season is to register for a My CRA Account. You will also sign up for any government subsidy or relief within this portal.

 

UPDATED DEADLINES DUE TO THE COVID-19 CRISIS

The personal income tax deadline has been extended to June 1, 2020. Payments are due by September 1, 2020.

Self-employed tax returns have the same filing date as before: June 15, 2020. The payment deadline has been extended to September 1, 2020.

The corporate tax deadline for those who file from March 18 to June 1 have been extended to June 1, 2020. Payments are due by September 1, 2020.

Any HST amounts due from March 27, 2020, to the end of May 2020, are now due June 30th. Filing deadlines are still the same.

Full list of deadlines from the Canada Revenue Agency.

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Let’s talk and then we can give you some peace of mind.

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