Canada Revenue Agency: You Can Avoid Tax on the $14,000 CERB Payments

By  External Author |   | Posted in " Business Succession, International Tax, Risk Management "

While the CRA is levying taxes on COVID-19 benefits, it is also increasing tax credits that can help you reduce your tax bill. The key is to understand how and where to apply for the tax credits.

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Original Article Source Credits: Yahoo Finance, https://ca.finance.yahoo.com/

Article Written By: Puja Tayal

Original Article Posted on: 11th November 2020

Link to Original Article: https://ca.finance.yahoo.com/news/canada-revenue-agency-avoid-tax-140202838.html