Jaberson & Associates
5430 136 Ave T5A 0E4 Edmonton, AB, Canada

More support from the government is coming. We will share the details once available. https://www.canada.ca//government-announces-new-targeted-s

Revenue Canada resuming business activities https://www.canada.ca///covid-19-business-resumption.html

CEBA UPDATE: Your Canada Emergency Business Account (CEBA) loan provides your organization with access to $40,000 to help your organization cover short term operating expenses, payroll and other non-deferrable expenses. 25% loan forgiveness will apply when you repay 75% of your maximum loan balance by December 31, 2022.... Understanding the CEBA loan forgiveness amount. December 31, 2020, is the last day you can withdraw money from your CEBA loan on the RBC CreditLine for Small Business. On January 1, 2021, the outstanding balance of your CEBA loan will convert to a 5-year term loan. The CEBA loan forgiveness amount is based on the maximum balance on your RBC CreditLine for Small Business at any time between the date of account open and December 31, 2020. To qualify for the maximum forgiveness of $10,000, your maximum balance on the RBC CreditLine for Small Business must have been $40,000 at any time between date of account open and December 31, 2020. To qualify for forgiveness you must repay 75% of the maximum balance of your CEBA loan by December 31, 2022. To calculate your repayment and forgiveness amounts Your repayment amount = the maximum balance amount x 0.75 Your forgiveness amount = the maximum balance amount x 0.25

Important update

TAX UPDATE: One-time payment support for Canadians living with disabilities The Government of Canada has announced a one-time payment of $600 to help persons living with disabilities, in recognition of some of the extraordinary expenses they have encountered during the COVID-19 pandemic. Individuals who are determined to be eligible for the disability tax credit (DTC) or certain other disability-related benefit programs, may be entitled to receive the payment.... Canadians living with disabilities who are eligible for the DTC but who have not yet applied, will have until September 25, 2020 to do so. For more information on how to apply for the DTC, please visit: http://www.canada.ca/disability-tax-credit. Recipients of the payment are encouraged to make sure their address and banking information is up to date in order to receive prompt payment. For callers who need help with changing their address, updating direct deposit, accessing My Account, or questions related to the DTC or their application, they can call CRA’s Individual Enquiries Line at 1-800-959-8281 (English) and 1-800-959-7383 (French) between 9:00 a.m. to 5:00 p.m. (local time) Monday to Friday. If you want to know more about the One-time payment support for Canadians living with disabilities, please visit: https://www.canada.ca//one-time-payment-persons-disabiliti

Job opening: Available immediately Marketing specialist. If you have a marketing degree with two years experience, and want to be a part of a growing dynamic team, then send your resume to [email protected] ... Full time, flexible schedule, good pay and benefits. See more