payroll

Wage Subsidy…This is how it works

Yes, this is another long blog post. If you’re planning a claim, we suggest you print this off and work through it by section. And yes, it’s complicated. (If you think this is bad, try reading the actual legislation at Bill C-14 431 A second Act respecting...

The New Normal – filling in the gaps

(UPDATES as of April 14th, 2020 in red) So…. As always, we hope everybody remains healthy. This was the week for us when things start to hit home. At H&Co, this was the week we first learned that COVID 19 has struck people we know personally. We’re...

So We Know a Little More…

So…. it’s April 1, and we had some more announcements. We assume that these are not intended to be April Fool jokes. A large caveat: The PM and his other ministers have been quite candid about the following: They’re (practically) making this stuff...

Accessing the 10% Wage Subsidy

Last week the Canadian Government announced a 10% Wage subsidy for small businesses. Yesterday CRA posted guidance around accessing the subsidy. See below for a summary. Please see the CRA Website for further details: https://www.canada.ca/en/revenue-agency/campaigns/covid-19-update/frequently-asked-questions-wage-subsidy-small-businesses.html...