CRA: How Much CERB Will You Have to Repay?

Author: External Author | | Categories: Business Plans , Corporate Tax Returns

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Tax season is upon us, and Canadians are bracing for one of the most complicated tax filings they might ever have to submit. The Canada Revenue Agency (CRA) has offered several new benefits and implemented new rules over the past year. You and your accountant may have to repay some of the benefits, such as the Canada Emergency Response Benefit (CERB).

If you were one of the over eight million Canadians who applied for CERB in 2020 or are receiving CRB right now, here’s what you need to know. 

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Original Article Source Credits:   The Motley Fool , https://www.fool.ca/

Article Written By:  Vishesh Raisinghani

Original Article Posted on:   February 27, 2021 

Link to Original Article:  https://www.fool.ca/2021/02/27/cra-how-much-cerb-will-you-have-to-repay/

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