The Bookkeeping Source

Good Morning EVERYONE !! Enjoy !!

Well, we knew this was coming. The CRA has begun to roll out 2020 tax reporting changes based on the COVID-related programs. Here is some details on the changes expected for the 2020 T4's:

[https://www.canada.ca/en/revenue-agency/campaigns/covid-19-update/support-employers-cra-covid-19.html](https://www.canada.ca/en/revenue-agency/campaigns/covid-19-update/support-employers-cra-covid-19.html)

Information for employers: CRA and COVID-19 - Canada.ca For the 2020 tax year, the Canada Revenue Agency (CRA) will be introducing additional reporting for the T4 slip, Statement of Remuneration Paid.

The ongoing situation with Covid19 allows us to focus on those companies that have been neglecting their own bookkeeping.

Remember you now have a Wage Subsidy Program which is $1,375 per employee to a maximum of
$25,000.

Don’t delay and give us a call today
Being social sensitive just a call can get this going.

Let us focus on your bookkeeping allowing you to focus on more creative means of continuing to strive and maybe change your business environment

If your are given Lemons
Make Lemonaide.

Stay Healthy Everyone !!

the “ original “
Lynn Freeland

519-982-1574